Question: Refer to the data given in Exercise 13 98 on the

Refer to the data given in Exercise 13.98 on the living area (in square feet) and price (in thousands of dollars) of 10 randomly selected houses listed for sale in a city. Construct a 98% confidence interval for the mean price of all houses with living areas of 2400 square feet. Construct a 98% prediction interval for the price of a randomly selected house with a living area of 2400 square feet.

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  • CreatedAugust 25, 2015
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