Question
What is the approximate 95% prediction interval for the dependent variable when the independent variable value is 20, assuming the fitted regression line is: Y
What is the approximate 95% prediction interval for the dependent variable when the independent variable value is 20, assuming the fitted regression line is: Y = 1.50 + 6.0(X). Assume the sample size is 20 and the standard error of the regression (SEE) is 1.2. You should use the "rule of thumb" used in class here.
Multiple Choice
~117.84 to 126.16
~119.32 to 124.12
~108.60 to 137.40
~17.65 to 22.35
~119.10 to 123.90
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
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