You are required to calculate the equation to predict planned vacation driving distance from cars' miles/gallon. That same exercise required that you predict planned vacation driving distance for a person whose car gets 26 miles/gallon. Relevant statistics are rw = +0.239, sY = 197.325, and Y for this vacationer = 324.70 miles.
a. Calculate the standard error of prediction (sYX) for the same data.
b. You can be approximately 68% confident that this vacationer's driving distance will be between which two values?
For Information: Exercise 8 in Module 37.