Construct a (99 %) prediction interval for the average annual salary of postsecondary library science teachers when

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Construct a \(99 \%\) prediction interval for the average annual salary of postsecondary library science teachers when the average annual salary of librarians is \(\$ 56,000\). Interpret the results.

Use the data in the table, which shows the average annual salaries (both in thousands of dollars) for librarians and postsecondary library science teachers in the United States for 12 years. 

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Elementary Statistics Picturing The World

ISBN: 9781292260464

7th Global Edition

Authors: Betsy Farber, Ron Larson

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