During the recession that began in 2008, not only did some people stop making house payments, they
Question:
a. Compute the least squares regression equation.
b. If the computer account balance was 100, what would you expect to be the actual account balance as verified by the accountant?
c. The computer balance for Timothy Jones is listed as 100 in the computer account record. Provide a 90% interval estimate for Mr. Jones€™s actual account balance.
d. Provide a 90% interval estimate for the average of all customers€™ actual account balances in which a computer account balance is the same as that of Mr. Jones (part c). Interpret.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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