Question

In: Statistics and Probability

The following sample observations were randomly selected. (Do not round the intermediate values. Round your answers...

The following sample observations were randomly selected. (Do not round the intermediate values. Round your answers to 3 decimal places.) X: 4 5 3 6 10 Y: 4 6 5 7 7 PictureClick here for the Excel Data File a. Determine the 0.95 confidence interval for the mean predicted when X = 7 ( , ) b. Determine the 0.95 prediction interval for an individual predicted when X = 7 ( , )

Solutions

Expert Solution

from above confidence interval for the mean predicted =4.677 ; 7.940

0.95 prediction interval for an individual predicted =2.755 ; 9.862


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