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Please make the answer detailed, legible, and easy to read. Thank you :) Listed below are amounts of court income and salaries paid to the
Please make the answer detailed, legible, and easy to read. Thank you :)
Listed below are amounts of court income and salaries paid to the town justices for a certain town. All amounts are in thousands of dollars. Find the (a) explained variation, (b) unexplained variation, and (c) indicated prediction interval. There is sufficient evidence to support a claim of a linear correlation, so it is reasonable to use the regression equation when making predictions. For the prediction interval, use a 99% confidence level with a court income of $800,000. Court Income Justice Salary $65 $29 $401 $48 $1591 $93 $1116 $51 $295 $45 $252 $65 $109 $28 $173 $21 $25 $15 a. Find the explained variation. (Round to three decimal places as needed.) b. Find the unexplained variation. (Round to three decimal places as needed.) c. Find the indicated prediction interval. $Step by Step Solution
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