Question: I cannot figure out how to predict/impute missing values. See below: Suppose the Sales level (124.8) for IL (Illinois) is actually missing in the data
I cannot figure out how to predict/impute missing values.
See below:
Suppose the Sales level (124.8) for IL (Illinois) is actually missing in the data set (con-
sider this is the reality you are facing in this question). We would like to predict/impute the
missing value of IL Sales. What is your imputed value?
(g) Provide a 95% interval estimate for your imputation. Do you feel you have condence
in your imputation? Explain. (The word \condence" is used here as just a word in the
English language, not it's statistical meaning.)
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