Question: The table below shows the average weekly wages(in dollars) for state government employees and federal government employees for 10 years. The table below shows the

The table below shows the average weekly wages(in dollars) for state government employees and federal government employees for 10 years.

The table below shows the average weekly wages(in dollars) for state government

The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $895. The equation of the regression line is y = 1.516x - 107.912. 759 760 798 820 831 871 921 928 953 987 Q 1,003 1,045 1,099 1,149 1,195 1,230 1,274 1,304 1,322 1,384 Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $895. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A- There is a 95% chance that the predicted average weekly wages offederal government employees is between 5 and $ , given a state average weekly wage of $595. O B- We can be 98% condent that when the average weekly wages of state government employees is $595, the average weekly wages of federal government employees will be between $ and $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Mathematics Questions!