The table below shows the numbers of new-vehicle sales for company 1 and company 2 for 11 years. Construct and interpret a 90% prediction interval for new vehicle sales for company 2 when the number of new vehicles sold by company 1 is 2687 thousand. The equation of the regression line is y = 1.207x + 398.378 "We can be 90% confident that when the new-vehicle sales for company 1 is 2687 thousand, the new-vehicle sales for company 2 will be between ___ and ___ thousand."
The table below shows the numbers of new-vehicle sales for company 1 and company 2 for 11 years. Construct and interpret a 90% prediction interval for new vehicle sales for company 2 when the number of new vehicles sold by company 1 is 2687 thousand. The equation of the regression line is y = 1.207x + 398.378 "We can be 90% confident that when the new-vehicle sales for company 1 is 2687 thousand, the new-vehicle sales for company 2 will be between ___ and ___ thousand."
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The table below shows the numbers of new-vehicle sales for company 1 and company 2 for 11 years. Construct and interpret a 90% prediction interval for new vehicle sales for company 2 when the number of new vehicles sold by company 1 is 2687 thousand. The equation of the regression line is y = 1.207x + 398.378
"We can be 90% confident that when the new-vehicle sales for company 1 is 2687 thousand, the new-vehicle sales for company 2 will be between ___ and ___ thousand."
Transcribed Image Text:+Crunch Applets Edit
777
Company_1,_x Company_2,_y var3
4058
4945
3961
4818
3650
4794
3399
4717
3331
4616
3138
2874
1926
1638
1922
4081
3834
Data
2077
2156
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