You may need to use the appropriate appendix table or technology to answer this question. Given are five observations collected in a regression study on two variables. * 26 3 20 Y,7 19 7 27 21 Develop the 95% confidence and prediction intervals when x 10. (Round your answers to two decimal places) 10.00 X to 2 48 x to 30.00 confidence interval prediction interval 24 20 Explain why these two intervals are different. The two intervals are different because there is more variability associated with predicting an individual value than there is with estimating a mean value. The two intervals are different because there is les variabity associated with predicting an individual value than there is with estimating a mean value. O The two intervals are different because you use a different oritical value when developing a confidence interval than when developing a prediction interval. O The two intervals are different because confidence intervais are used to predict values of Afor new observations corresponding to given values of x, and prediction intervals give an estimate of the mean value of y for a given value of . Need Help? Mead i Submit Answwor

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You may need to use the appropriate appendix table or technology to answer this question.
Given are five observations collected in a regression study on two variables.
* 26 i3 20
Y7 19 7 27 21
Develop the 95% confidence and prediction intervals when x 10. (Round your answers to two decimal places)
10.0
2420
confidence interval
X to 2248
prediction interval
x to 30.00
Explain why these two intervals are different.
The two intervals are different because there is more variability associated with predicting an individual value than there is with estimating a mean value.
The two intervals are different because there is les variabity associated with predicting an individual value than there is with estimating a mean value.
O The two intervals are different because you use a different oritical value when developing a confidence interval than when developing a prediction interval.
O The two intervals are different because confidence intervais are used to predict values of Afor new observations corresponding to given values of x, and prediction intervals give an estimate of
the mean value of y for a given value of .
Need Help?
eadi
Submit Answwor
Transcribed Image Text:You may need to use the appropriate appendix table or technology to answer this question. Given are five observations collected in a regression study on two variables. * 26 i3 20 Y7 19 7 27 21 Develop the 95% confidence and prediction intervals when x 10. (Round your answers to two decimal places) 10.0 2420 confidence interval X to 2248 prediction interval x to 30.00 Explain why these two intervals are different. The two intervals are different because there is more variability associated with predicting an individual value than there is with estimating a mean value. The two intervals are different because there is les variabity associated with predicting an individual value than there is with estimating a mean value. O The two intervals are different because you use a different oritical value when developing a confidence interval than when developing a prediction interval. O The two intervals are different because confidence intervais are used to predict values of Afor new observations corresponding to given values of x, and prediction intervals give an estimate of the mean value of y for a given value of . Need Help? eadi Submit Answwor
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