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Determine which of the following statements is/are true for a simple linear relationship, y = 0+ 1x + . (i) If = 0, the 95%
Determine which of the following statements is/are true for a simple linear relationship, y = 0+ 1x + .
(i) If = 0, the 95% confidence interval is equal to the 95% prediction interval.
(ii) The prediction interval is always at least as wide as the confidence interval.
(iii) The prediction interval quantifies the possible range for
E(y|x).
a.
(ii) only
b.
The correct answer is not given by any of these other choices
c.
(i) only
d.
(i), (ii) and (iii)
e.
(iii) only
PLEASE EXPLAIN OR SHOW WORKING
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