EBK INTRODUCTION TO THE PRACTICE OF STA
EBK INTRODUCTION TO THE PRACTICE OF STA
8th Edition
ISBN: 9781319116828
Author: Moore
Publisher: VST
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Chapter 10, Problem 28E

(a)

To determine

To find: A 95% prediction sales price when assessed value is $155,000.

To determine

To find: A 95% prediction sales price when assessed value is $220,000.

To determine

To find: A 95% prediction sales price when assessed value is $285,000.

(b)

To determine

To find: The 95% confidence interval.

(c)

To determine

To explain: The inference on the intercept is not of interest.

(d)

To determine

To explain: The obtained regression line compare with regression line y=x.

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