Question

In: Statistics and Probability

Y X1 X2 X3 4264 305657 7.17 0 4496 328476 6.20 0 4317 317164 4.61 0...

Y       X1      X2      X3
4264    305657  7.17    0
4496    328476  6.20    0
4317    317164  4.61    0
4292    366745  7.02    0
4945    265518  8.61    1
4325    301995  6.88    0
4110    269334  7.23    0
4111    267631  6.27    0
4161    296350  6.49    0
4560    277223  6.37    0
4401    269189  7.05    0
4251    277133  6.34    0
4222    282892  6.94    0
4063    306639  8.56    0
4343    328405  6.71    0
4833    321773  5.82    1
4453    272319  6.82    0
4195    293880  8.38    0
4394    300867  7.72    0
4099    296872  7.67    0
4816    245674  7.72    1
4867    211944  6.45    1
4114    227996  7.22    0
4314    248328  8.50    0
4289    249894  8.08    0
4269    302660  7.26    0
4347    273848  7.39    0
4178    245743  8.12    0
4333    267673  6.75    0
4226    256506  7.79    0
4121    271854  7.89    0
3998    293225  9.01    0
4475    269121  8.01    0
4545    322812  7.21    0
4016    252225  7.85    0
4207    261365  6.14    0
4148    287645  6.76    0
4562    289666  7.92    0
4146    270051  8.19    0
4555    265239  7.55    0
4365    352466  6.94    0
4471    426908  7.25    0
5045    369989  9.65    1
4469    472476  8.20    0
4408    414102  8.02    0
4219    302507  6.72    0
4211    382686  7.23    0
4993    442782  7.61    1
4309    322303  7.39    0
4499    290455  7.99    0
4186    411750  7.83    0
4342    292087  7.77    0

Three new shipments are to be received, each with Xh1 = 282,000, Xh2 = 7.10 and Xh3 =0.0. Find a 95% prediction interval for the mean handling time for these shipments.

  1. (4231.327, 4451.013)
  2. (4105.897, 4451.013)
  3. (4105.897, 4623.057)
  4. (4019.631, 4397.391)

Solutions

Expert Solution

fit=4150+0.0007871*282000-13.17*7.1=4278.365

Prediction Interval->[3986.63,4570.10]


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