Question: 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

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.

Living area 3008 2032 2272 1840 2579 2583 1650 3932 2978 2176 Price 275 220 255 189 260 84172 370 295 260

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