Question: 1) Construct a 95% confidence interval estimate for the mean retirement rate when unemployment is 6% and there is a share market return of 5%.

1) Construct a 95% confidence interval estimate for the mean retirement rate when unemployment is 6% and there is a share market return of 5%.

2) Construct a 95% prediction interval for the retirement rate when unemployment is 6% and there is a share market return of 5%

e. Construct a 95% confidence interval estimate for the mean retirement rate when unemployment is 6% and there is a share market return of 5%. The 95% confidence interval estimate of the mean retirement rate when unemployment is 6% and there is a share market return of 5% is 15.3 % to 23.1 %. (Round to one decimal place as needed.) f. Construct a 95% prediction interval for the retirement rate when unemployment is 6% and there is a share market return of 5%. The 95% prediction interval for the mean retirement rate when unemployment is 6% and there is a share market return of 5% is 6.4 % to 32.0%. (Round to one decimal place as needed.)

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