Question: You have been asked to study the relationship between mean

You have been asked to study the relationship between mean health care costs and mean disposable income using the state level data contained in the data file Economic Activity. Estimate the regression of health and personal expenditures on disposable income. Compute the 95% prediction interval and the 95% confidence interval for health and personal expenditures when disposable income is $32,000.



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  • CreatedJuly 07, 2015
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