Determine the equation of the least squares regression line to predict y from the following data. a.
Question:
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a. Construct a 95% confidence interval to estimate the mean y value for x = 60.
b. Construct a 95% prediction interval to estimate an individual y value for x = 70.
c. Interpret the results obtained in parts (a) and(b).
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a x 0 60 S x 524 S x 2 36224 S y 215 S y 2 6411 b 1 5481 S xy 15125 n 8 b 0 9...View the full answer
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Related Book For 
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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