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    Business Statistics in Practice Study Set 1
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    Exam 11: Correlation Coefficient and Simple Linear Regression Analysis
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    Determine the 95% Prediction Interval for the Mean Value of Y
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Determine the 95% Prediction Interval for the Mean Value of Y

Question 69

Question 69

Essay

Determine the 95% prediction interval for the mean value of y when x = 35 Givens: ∑ x = 277 and ∑ x2 = 8705

Correct Answer:

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214.31 to 326.95
Y = 270.63
Di...

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