92 For each of the following, decide whether the proper inference is a prediction interval for y...

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92 For each of the following, decide whether the proper inference is a prediction interval for y or a confidence interval for E ( y ):

a. A jeweler wants to predict the selling price of a diamond stone on the basis of its size (number of carats).

b. A psychologist wants to estimate the average IQ of all patients who have a certain income level.

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Statistics

ISBN: 9781292022659

12th International Edition

Authors: James T Mcclave, Terry Sincich

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