Question: Following are the size and price data for custom homes

Following are the size and price data for custom homes from Exercise 14.18.
a. Determine a point estimate for the mean price of all 2800-sq. ft. Equestrian Estate homes.
b. Find a 99% confidence interval for the mean price of all 2800-sq. ft. Equestrian Estate homes.
c. Find the predicted price of a 2800-sq. ft. Equestrian Estate home.
d. Determine a 99% prediction interval for the price of a 2800-sq. ft. Equestrian Estate home.
Presuming that the assumptions for regression inferences are met, determine the required confidence and prediction intervals.



Sale on SolutionInn
Sales0
Views50
Comments
  • CreatedAugust 13, 2015
  • Files Included
Post your question
5000