Question

In: Statistics and Probability

Given are five observations for two variables, x and y. (Round your answers to two decimal...

Given are five observations for two variables, x and y. (Round your answers to two decimal places.)

xi

3 12 6 20 14

yi

55 40 55 10 15

(a)

Estimate the standard deviation of

ŷ*

when

x = 10.

(b)

Develop a 95% confidence interval for the expected value of y when

x = 10.

to

(c)

Estimate the standard deviation of an individual value of y when

x = 10.

(d)

Develop a 95% prediction interval for y when

x = 10.

to

Solutions

Expert Solution

Answer:

X Y
1 3 55 64.0000 400.00 -150.0000
2 12 40 10000 -25.00 5.0000
3 6 55 25.0000

400.00

-100.0000
4 20 10 81.0000 625.00 -225.0000
5 14 15 9.0000 400.00 -60.0000
Total 55 175 180.0000 1850.00 -540.0000
Mean 11.000 35.000 SSX SSY SXY

Slope = -3.0000

Intercept = 68.0000

n = 5

SST = 1850.00

SSE = 230.00

SSR=1620.00

a)

std error of confidence interval = s*√(1/n+(x0-x̅)2/Sxx)= 3.9698~3.97
b)

for 95 % confidence and 3degree of freedom critical t= 3.1820
95% confidence interval =xo -/+ t*standard error= (25.37,50.63)
c)

std error of prediction interval=s*√(1+1/n+(x0-x̅)2/Sxx)= 9.6138~ 9.61
d)

for 95 % confidence and -2degree of freedom critical t= 3.1820
95% prediction interval =xo -/+ t*standard error= (7.41,68.59)


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