In: Statistics and Probability
Consider the following pairs of observations.
X 1 4 3 5 7 2 6 20
Y 3 12 10 12 19 7 17 60
A) Calculate the least squares line.
B) Determine a 95% confidence interval for the mean value of Y using X = 6
C) Determine a 95% prediction interval for the Y value using X = 6