Question: Given are five observations for two variables, x and y . x i 1 2 3 4 5 y i 4 8 6 11 14

Given are five observations for two variables, x and y.
x i12345
y i4861114


Round your answers to two decimal places.


a. Using the following equation:

Estimate the standard deviation of ลท* when x = 3.


b. Using the following expression:

Develop a 95% confidence interval for the expected value of y when x = 3.

to


c. Using the following equation:

Estimate the standard deviation of an individual value of y when x = 3.


d. Using the following expression:

Develop a 95% prediction interval for y when x = 3. If your answer is negative, enter minus (-) sign.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

using excelAddinphstatRegression we have Simple Linear Regression Analysis Regression Statistics Mul... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!