Answered step by step
Verified Expert Solution
Question
1 Approved Answer
D Question 4 2 pts Calculate an approximate 95% confidence interval on the predicted value in the previous question. Round your answer to 1 decimal
D Question 4 2 pts Calculate an approximate 95% confidence interval on the predicted value in the previous question. Round your answer to 1 decimal place and enter ONLY the numeric value (without units) in the blank provided. The lower confidence limit is: The upper confidence limit is: Recall the previous question: Using the Output for X2 and X3 combined (see below), predict the length of time for order fulfillment for a customer order valued at $1,000 with 30 orders currently in the mfg system. Round your answer to 2 decimals and enter ONLY the numeric value (without units) in the blank provided. SUMMARY OUTPUT Regression Statistics Multiple R 0.930287652 R Square 0.835435115 Adjusted R Square 0.8326 19412 Standard Error 5.668364547 Observations 24 ANOVA SS MS F Significance F Regression 2 3393.335027 1696.667513 67.52927198 7.1414E-10 Residual 21 527 .6233067 32.13035663 Total 73 3920.958333 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 4.077731568 6.602053619 -0.617645933 0.543449135 -17.80745606 9.651992922 X Variable 2 -0.5002 48277 0.210624245 2.375074517 0.027148698 0.06223 1105 0.938265449 X Variable 3 1.185183193 0.234746393 5.048781282 0.00005342 0.6970 0126 1.673365125
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started