In: Statistics and Probability
Given are five observations for two variables, x and
y.
xi | 1 | 2 | 3 | 4 | 5 |
yi | 3 | 8 | 6 | 11 | 13 |
Round your answers to two decimal places.
a. Using the following equation:
Estimate the standard deviation of ŷ* when x = 4.
b. Using the following expression:
Develop a 95% confidence interval for the expected value of
y when x = 4.
to
c. Using the following equation:
Estimate the standard deviation of an individual value of y when x = 4.
d. Using the following expression:
Develop a 95% prediction interval for y when x
= 4.
to
a)
std error of confidence interval = | s*√(1/n+(x0-x̅)2/Sxx)= | 0.9950~ 0.99 |
b)
for 95 % confidence and 3degree of freedom critical t= | 3.1820 | |
95% confidence interval =xo -/+ t*standard error= | (7.33,13.67) |
c)
std error of prediction interval=s*√(1+1/n+(x0-x̅)2/Sxx)= | 2.0712~ 2.07 |
d)
for 95 % confidence and -2degree of freedom critical t= | 3.1820 | |
95% prediction interval =xo -/+ t*standard error= | (3.91,17.09) |