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The following MINITAB output relates to a house having 2,000 square feet and a rating of 8. New Obs Fit SE Fit 95% CI 95%

The following MINITAB output relates to a house having 2,000 square feet and a rating of 8.

New Obs Fit SE Fit 95% CI 95% PIx
1 159.983 9.60 (137.287, 182.679) (114.812, 205.155)

(a) Report a point estimate of and a 95 percent confidence interval for the mean sales price of all houses having 2,000 square feet and a rating of 8. (Round your answers to 3 decimal places.)

(b) Report a point prediction of and a 95 percent prediction interval for the actual sales price of an individual house having 2,000 square feet and a rating of 8. (Round your answers to 3 decimal places.)

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