Question: In exercise 1, the following estimated regression equation based on 10 observations was presented. y = 29.1270 + .5906x1 + .4980x2 a. Develop a point
In exercise 1, the following estimated regression equation based on 10 observations was presented.
y = 29.1270 + .5906x1 + .4980x2
a. Develop a point estimate of the mean value of y when x1 = 180 and x2 = 310.
b. Develop a point estimate for an individual value of y when x1 = 180 and x2 = 310.
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