Question

The following MINITAB output relates to a house having 2,000 square feet and a rating of 8.
a. Report (as shown on the output) a point estimate of and a 95 percent confidence interval for the mean sales price of all houses having 2,000 square feet and a rating of 8.
b. Report (as shown on the output) a point prediction of and a 95 percent prediction interval for the actual sales price of an individual house having 2,000 square feet and a rating of 8.
c. Find 99 percent confidence and prediction intervals for the mean and actual sales prices referred to in parts a and b. n = 10 and s = 3.24164. Optional technical note needed.


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  • CreatedMay 28, 2015
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