Example 1 in this section illustrated the procedure for finding a prediction interval for an individual value

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Example 1 in this section illustrated the procedure for finding a prediction interval for an individual value of y. When using a specific value x0 for predicting the mean of all values of y, the confidence interval is as follows:

where

The critical value ta/2 is found with n - 2 degrees of freedom. Using the 23 pairs of chocolate/Nobel data from Table 10-1 in the Chapter Problem, find a 95% confidence interval estimate of the mean Nobel rate given that the chocolate consumption is 10 kg per capita.

Table 10-1:

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Mathematical Interest Theory

ISBN: 9781470465681

3rd Edition

Authors: Leslie Jane, James Daniel, Federer Vaaler

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