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Exercise 14.31 (Alger) THE FRESH DETERGENT CASE The following partial JMP regression output for the Fresh detergent data relates to predicting demand for future sales

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Exercise 14.31 (Alger) THE FRESH DETERGENT CASE The following partial JMP regression output for the Fresh detergent data relates to predicting demand for future sales periods in which the price difference will be .10. SE Fit = 166503371, s = 338033. Lever 95% Mean Upper 95% Mean Predicted Demand Demand Demand 31 B.333184T?9 ?.99?9381T1 8.5?91?13BE StdErr Indiv Lower 95% Indiv Upper 95% Mean Demand Demand Demand I! . "56581841 6. 738313624 9. 88?89233 Click here for the Excel Data File {a} Report a point estimate of and a 95 percent condence interval for the mean demand for Fresh in all sales periods when the price difference is '10. {Round your Cl answers to 3 decimal places and other answer to 4 decimal places.) Paint estimate = Condence 'nterval =[ ] lb] Report a point prediction of and a 95 percent prediction interval for the actual demand for Fresh in an individual sales period when the price difference is .10. [Round your Pl answers to 3 decimal places and other answer to 4 decimal places.) lll {cl StdErr lndlv Demand on the JMP output equals 51.31 + distance value . Using this information, nd 99 percent condence and prediction intervals for mean and individual demands when x= .10. {Round your answers to 4 decimal places.) 99% c.|.:[ 99% P.I.:[

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