Based on a sample of n = 20, the least squares method was used to develop the
Question:
a. Construct a 95% confidence interval estimate of the population mean response for X = 4.
b. Construct a 95% prediction interval of an individual response for X = 4.
c. Compare the results of (a) and (b) with those of Problem 12.55 (a) and (b). Which intervals are wider? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
Question Posted: