Introduction to Probability and Statistics
14th Edition
ISBN: 9781133103752
Author: Mendenhall, William
Publisher: Cengage Learning
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Chapter 12.7, Problem 12.40E
Refer to Exercise 12.7. Portions of the MINITAB printout are shown here.
MINITAB Output for Exercise 12.40
- Find a 95% confidence interval for the average value of y when
- Find a 95% prediction interval for some value of ‘‘to be observed in the future when
- The last line in the third section of the printoutindicates a problem with one of the fitted values.
What value of x corresponds to the fitted value
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In exercise 12, the following data on x = average daily hotel room rate and y = amount spent on entertainment (The Wall Street Journal, August 18, 2011) lead to the estimated regression equation ŷ = 17.49 + 1.0334x. For these data SSE = 1541.4.Click on the datafile logo to reference the data. Use Table 1 of Appendix B.
a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals).$
b. Develop a 95% confidence interval for the mean amount spent on entertainment for all cities that have a daily room rate of $89 (to 2 decimals).$ to $
c. The average room rate in Chicago is $128. Develop a 95% prediction interval for the amount spent on entertainment in Chicago (to 2 decimals).
In exercise 12, the following data on x = average daily hotel room rate and y = amount spent on entertainment (The Wall Street Journal, August 18, 2011) lead to the estimated regression equation ŷ = 17.49 + 1.0334x. For these data SSE = 1541.4. Use Table 1 of Appendix B.Click on the datafile logo to reference the data.
a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals).$
b. Develop a 95% confidence interval for the mean amount spent on entertainment for all cities that have a daily room rate of $89 (to 2 decimals).$ to $
c. The average room rate in Chicago is $128. Develop a 95% prediction interval for the amount spent on entertainment in Chicago (to 2 decimals).$ to $
In simple linear regression, at what value of the independent variable, X, will the 95% confidence interval for the average value of Y be narrowest? At what value will the 95% prediction interval for the value of Y for a single n ew observation be narrowest?
Chapter 12 Solutions
Introduction to Probability and Statistics
Ch. 12.4 - Prob. 12.1ECh. 12.4 - Prob. 12.2ECh. 12.4 - Prob. 12.3ECh. 12.4 - Prob. 12.4ECh. 12.4 - Prob. 12.5ECh. 12.4 - You are given five points with these coordinates:...Ch. 12.4 - Prob. 12.7ECh. 12.4 - Prob. 12.8ECh. 12.4 - Prob. 12.9ECh. 12.4 - Prob. 12.10E
Ch. 12.4 - Prob. 12.11ECh. 12.4 - Prob. 12.12ECh. 12.4 - Prob. 12.13ECh. 12.4 - Prob. 12.14ECh. 12.4 - Prob. 12.15ECh. 12.4 - Prob. 12.16ECh. 12.4 - Prob. 12.17ECh. 12.5 - Prob. 12.19ECh. 12.5 - Prob. 12.20ECh. 12.5 - Prob. 12.21ECh. 12.5 - Prob. 12.22ECh. 12.5 - Prob. 12.23ECh. 12.5 - Prob. 12.24ECh. 12.5 - Professor Asimov, continued Refer to thedata in...Ch. 12.5 - Prob. 12.26ECh. 12.5 - Prob. 12.27ECh. 12.5 - Prob. 12.28ECh. 12.5 - Prob. 12.29ECh. 12.5 - Prob. 12.30ECh. 12.6 - Prob. 12.34ECh. 12.6 - Prob. 12.35ECh. 12.6 - Prob. 12.36ECh. 12.6 - Prob. 12.37ECh. 12.6 - Prob. 12.38ECh. 12.7 - Refer to Exercise 12.7. Portions of the MINITAB...Ch. 12.7 - Prob. 12.41ECh. 12.7 - Prob. 12.42ECh. 12.7 - Prob. 12.43ECh. 12.7 - Prob. 12.44ECh. 12.7 - Prob. 12.45ECh. 12.7 - Prob. 12.46ECh. 12.8 - Prob. 12.50ECh. 12.8 - Prob. 12.51ECh. 12.8 - Prob. 12.52ECh. 12.8 - Prob. 12.53ECh. 12.8 - Prob. 12.55ECh. 12.8 - Prob. 12.56ECh. 12.8 - Prob. 12.58ECh. 12.8 - Baseball Stats Does a team’s batting average...Ch. 12 - Prob. 12.62SECh. 12 - Prob. 12.63SECh. 12 - Prob. 12.65SECh. 12 - Prob. 12.66SECh. 12 - Prob. 12.67SECh. 12 - Tennis, Anyone? If you play tennis, you know that...Ch. 12 - Prob. 12.69SECh. 12 - Prob. 12.70SECh. 12 - Prob. 12.71SECh. 12 - Movie Reviews How many weeks cana movie run and...Ch. 12 - In addition to increasingly large bounds onerror,...Ch. 12 - Prob. 12.74SECh. 12 - Prob. 12.76SECh. 12 - Prob. 1CSCh. 12 - Prob. 2CSCh. 12 - Prob. 3CS
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