Question: Refer to the data given in Exercise 8, and assume that the necessary conditions of normality and variance are met. a. For a year that

Refer to the data given in Exercise 8, and assume that the necessary conditions of normality and variance are met.
a. For a year that the TSE 300 closes at 14,447.99, find the predicted closing price for the mining stock.
b. Find the 99% prediction interval for the closing price of the mining stock, given that the TSE closed at 14,447.99.
c. For this data set, does the answer from part (b) appear very useful? Why or why not?

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