Question: In a simulation exercise, regression model (1.1) applies with f30 = 100, f31 = 20, and a 2 = 25. An observation on Y will
In a simulation exercise, regression model (1.1) applies with f30 = 100, f31 = 20, and a 2 = 25. An observation on Y will be made for X = 5. a. Can you state the exact probability that Y will fall between 195 and 205? Explain. b. If the normal error regression model (1.24) is applicable, can you now state the exact prob- Ii. ability that Y will fall between 195 and 205? If so, state it
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