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10. A researcher collects the following data and determines that there is a significant relationship between the age of UTM machine and its monthly maintenance cost. The regression equation is y-55.57 + 8.13x Find the standard error of the estimate, and find the 99% prediction interval for the monthly maintenance cost of a UTM machine that is 5 years old. Machine Age r (years) Monthly cost y S 62 78 70 90 93 103
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Answer #1

The prediction interval was calculated by using

where y0 is the expected monthly cost at xpredictor = 5 years. n=6.

C2 G37 8 기-83 7o 73.3 90 8 D9 6.13 -9.36 T.3 4.5 I 6. 78 3 Se 5.97 standard eoror of eatmali 5 37 prustioted value at ay5years is 96 22 Cast will be C8 73 to 123

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