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Exercises 13.2 Interval Estimates for the Response Variable 17. In a simple linear regression based on 30 observations, the following information is provided: = 6.92
Exercises 13.2 Interval Estimates for the Response Variable 17. In a simple linear regression based on 30 observations, the following information is provided: = 6.92 + 1.35x and se = 2.78. Also, se(0) evaluated at x = 30 is 1.02. a. Construct the 95% confidence interval for E(y) if x = 30. b. Construct the 95% prediction interval for y if x equals 30. c. Which interval is narrower? Explain. For best answer response, please provide explanation of all steps taken, formulas used, and answers on attached document. Thank you for your time and consideration
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