Question

In: Statistics and Probability

The following sample observations were randomly selected. (Do not round the intermediate values. Negative amount should...

The following sample observations were randomly selected. (Do not round the intermediate values. Negative amount should be indicated by a minus sign. Round your answers to 3 decimal places.)

X: 6 5 3 6 9
Y: 4 6 5 1 12

  

  1. Determine the 0.99 confidence interval for the mean predicted when x = 6.

  1. Determine the 0.99 prediction interval for an individual predicted when x = 6.

Solutions

Expert Solution

using excel>Addin>phstat>multiple sample test >Regression

we have

Simple Linear Regression Analysis
Regression Statistics
Multiple R 0.5884
R Square 0.3462
Adjusted R Square 0.1283
Standard Error 3.7695
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 22.5723 22.5723 1.5886 0.2966
Residual 3 42.6277 14.2092
Total 4 65.2000
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept -0.7553 5.3167 -0.1421 0.8960 -17.6754 16.1648
x 1.0957 0.8694 1.2604 0.2966 -1.6710 3.8625
Confidence Interval Estimate
Data
X Value 6
Confidence Level 99%
Intermediate Calculations
Sample Size 5
Degrees of Freedom 3
t Value 5.840909
XBar, Sample Mean of X 5.8
Sum of Squared Differences from XBar 18.8
Standard Error of the Estimate 3.769512
h Statistic 0.202128
Predicted Y (YHat) 5.819149
For Average Y
Interval Half Width 9.8987
Confidence Interval Lower Limit -4.0796
Confidence Interval Upper Limit 15.71786
For Individual Response Y
Interval Half Width 24.1402
Prediction Interval Lower Limit -18.3211
Prediction Interval Upper Limit 29.95935

a )the 0.99 confidence interval for the mean predicted when x = 6 is (-4.0796 ,15.71786)

b ) the 0.99 prediction interval for an individual predicted when x = 6. is (-18.3211 ,29.95935)


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