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Suppose that a simple linear regression model has been fit, and the following information is available: SSE=315.Tocalculatetheregressionstandarderror,se,wetaken2SSE.n=215x=26.73x=8 A researcher wants to construct a 05% prediction
Suppose that a simple linear regression model has been fit, and the following information is available: SSE=315.Tocalculatetheregressionstandarderror,se,wetaken2SSE.n=215x=26.73x=8 A researcher wants to construct a 05% prediction interval for a new observation at the value x=6. The fitted value at this point is y=27.39 Find the upper bound of the prediction interval, to two decimal places. Take all calculations toward the answer to three (3) decimal places
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