Question: Compute the 99% confidence interval for the dependent variable, for a selected value of the independent variable. Each student can choose a value to use

Compute the 99% confidence interval for the dependent variable, for a selected value of the independent variable. Each student can choose a value to use for the independent variable (use same value in the next step). Interpret this interval.

Using the same chosen value for part (8), estimate the 99% prediction interval for the dependent variable. Interpret this interval.

Compute the 99% confidence interval for the dependent variable, for a selected

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.314879127
R Square 0.099148864
Adjusted R Square 0.089861739
Standard Error 8.019027668
Observations 99
ANOVA
df SS MS F Significance F
Regression 1 686.5147486 686.5147486 10.67594795 0.001501591
Residual 97 6237.566059 64.30480474
Total 98 6924.080808
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 17.5788728 7.465239038 2.354763553 0.020549211 2.762439793 32.39530581 2.762439793 32.39530581
Calls 0.149958873 0.045895377 3.267406916 0.001501591 0.058869254 0.241048492 0.058869254 0.241048492

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