Consider a dataset consisting of 20 observations with the following summary statistics: (bar{x}=0, bar{y}=9, s_{x}=1), and (s_{y}=10).

Question:

Consider a dataset consisting of 20 observations with the following summary statistics: \(\bar{x}=0, \bar{y}=9, s_{x}=1\), and \(s_{y}=10\). You run a regression using using one variable and determine that \(s=7\). Determine the standard error of a prediction at \(x_{*}=1\).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: