Question

In: Statistics and Probability

Use the data set below to answer the question. x −2 −1 0 1 2 y...

Use the data set below to answer the question.

x −2 −1 0 1 2
y 2 2 4 5 5

Find a 90% prediction interval for some value of y to be observed in the future when

x = −1.

(Round your answers to three decimal places.)

Solutions

Expert Solution

predicted val=3.6+-1*0.9= 2.700
SSE =Syy-(Sxy)2/Sxx= 1.100
s2 =SSE/(n-2)= 0.3667
std error σ              = =se =√s2= 0.6055
std error prediction interval= s*√(1+1/n+(x0-x̅)2/Sxx)= 0.6904
for 90 % CI value of t= 2.353
margin of error E=t*std error                            = 1.6248
lower prediction bound=sample mean-margin of error = 1.0752
Upper prediction bound=sample mean+margin of error= 4.3248

90% prediction interval =(1.075 , 4.325)


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