Two intervals are given, A and B, for the same value of the explanatory variable. A:...
Two intervals are given, A and B, for the same value of the explanatory variable.
| A: 2.9 to 6.9; | B: 2.1 to 7.7; |
What is the predicted value of the response variable for this
value of the explanatory variable?
The predicted value is
Homework Answers
Here
First we need to find the prediction interval
Prediction interval is the wider interval.
So here B is wider than A.
So B : 2.1 to 7.7 is the prediction interval.
The predicted value is
= (2.1 + 7.7) / 2
= 4.9
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