Question: 18. Finding Predicted Value and Prediction Interval Refer to Exercise 14 and assume that the necessary conditions of normality and variance are met. a. Find
18. Finding Predicted Value and Prediction Interval Refer to Exercise 14 and assume that the necessary conditions of normality and variance are met.
a. Find the predicted gross amount for a movie with a budget of $100 million.
b. Find a 95% prediction interval estimate of the gross amount for a movie with a budget of $100 million.
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