Question
Given are five observations for two variables, x and y . x i 1 2 3 4 5 y i 4 8 6 11 14
x i | 1 | 2 | 3 | 4 | 5 |
y i | 4 | 8 | 6 | 11 | 14 |
Round your answers to two decimal places.
a. Using the following equation:
Estimate the standard deviation of ลท* when x = 3.
b. Using the following expression:
Develop a 95% confidence interval for the expected value of y when x = 3.
to
c. Using the following equation:
Estimate the standard deviation of an individual value of y when x = 3.
d. Using the following expression:
Develop a 95% prediction interval for y when x = 3. If your answer is negative, enter minus (-) sign.
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Essentials Of Statistics For Business And Economics
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
8th Edition
1337114170, 978-1337114172
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