11.48 It was hypothesized that the number of bottles of craft beer sold per evening in the...
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11.48 It was hypothesized that the number of bottles of craft beer sold per evening in the restaurants of a city depends linearly on the average costs of meals in the restaurants.
The following results were obtained for a sample of n = 17 restaurants, of approximately equal size, where y = number of bottles sold per evening x = average cost, in dollars, of a meal x = 25.5 y = 16.0 a
n i=1 1xi - x22 n - 1
= 350 a
n i=1 1xi - x21yi - y2 n - 1
= 180 a1yi - y22 n - 1
= 250 Compute a 95% prediction interval and a 95% confidence interval for the number of bottles of beer sold when the average cost of a meal is $27.
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Related Book For
Essential Mathematics And Statistics For Science
ISBN: 9780470694480
2nd Edition
Authors: Graham Currell, Dr. Antony Dowman
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