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Question 9 Construct a 95% confidence interval for the average value of y for th

ID: 3364373 • Letter: Q

Question

Question 9 Construct a 95% confidence interval for the average value of y for the following data 12 21 28 8 20 17 15 19 24 Use x = 25, se = 3.94, and the equation of the regression line, y^=16.5+0.162x (Do not round the intermediate values. Round your answers to 2 decimal places.) 12.55 025) s_ 28.59 Question 10 After a somewhat uncertain start, e-commerce sales in the United States have been growing for the past several years. Shown below are quarterly e-commerce sales figures ($ billions) released by the Census Bureau for the United States over a three- year period. Use these data to determine the equation of a trend line for e-commerce sales during this time and use the trend "model" to forecast e-commerce sales for the third quarter of the year 2013

Explanation / Answer

Result:

When x=25, 95% CI for mean y = (12.55, 28.59).

Regression Analysis

0.123

n

5

r

0.351

k

1

Std. Error

3.943

Dep. Var.

y

ANOVA table

Source

SS

df

MS

F

p-value

Regression

6.5601

1  

6.5601

0.42

.5623

Residual

46.6399

3  

15.5466

Total

53.2000

4  

Regression output

confidence interval

variables

coefficients

std. error

   t (df=3)

p-value

95% lower

95% upper

Intercept

16.5096

4.7862

3.449

.0410

1.2779

31.7414

x

0.1624

0.2500

0.650

.5623

-0.6331

0.9579

Predicted values for: y

95% Confidence Interval

95% Prediction Interval

x

Predicted

lower

upper

lower

upper

Leverage

25

20.569

12.550

28.588

5.678

35.461

0.408

Regression Analysis

0.123

n

5

r

0.351

k

1

Std. Error

3.943

Dep. Var.

y

ANOVA table

Source

SS

df

MS

F

p-value

Regression

6.5601

1  

6.5601

0.42

.5623

Residual

46.6399

3  

15.5466

Total

53.2000

4  

Regression output

confidence interval

variables

coefficients

std. error

   t (df=3)

p-value

95% lower

95% upper

Intercept

16.5096

4.7862

3.449

.0410

1.2779

31.7414

x

0.1624

0.2500

0.650

.5623

-0.6331

0.9579

Predicted values for: y

95% Confidence Interval

95% Prediction Interval

x

Predicted

lower

upper

lower

upper

Leverage

25

20.569

12.550

28.588

5.678

35.461

0.408

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