Construct and interpret a 99% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $818. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 99% confident that when the average weekly wages of state government employees is $818, the average weekly wages of federal government employees will be between $ and $ O B. There is a 99% chance that the predicted average weekly wages of federal government employees is between $ and $ given a state average weekly wage of $818.

MATLAB: An Introduction with Applications
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The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 99%
prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $818. The equation of the
regression line is y = 1.451x - 40.698.
Wages (state), x
Wages (federal), y
713
760
785
805
851
870
921
926
947
985
1,002
1,045
1,091
1,145
1,185
1,239
1,281
1,307
1,320
1,400
Construct and interpret a 99% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is
$818. Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to the nearest cent as needed.)
O A. We can be 99% confident that when the average weekly wages of state government employees is $818, the average weekly wages of federal government employees will be
between $
and $
O B. There is a 99% chance that the predicted average weekly wages of federal government employees is between $
and $
given a state average weekly wage of $818.
Transcribed Image Text:The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 99% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $818. The equation of the regression line is y = 1.451x - 40.698. Wages (state), x Wages (federal), y 713 760 785 805 851 870 921 926 947 985 1,002 1,045 1,091 1,145 1,185 1,239 1,281 1,307 1,320 1,400 Construct and interpret a 99% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $818. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 99% confident that when the average weekly wages of state government employees is $818, the average weekly wages of federal government employees will be between $ and $ O B. There is a 99% chance that the predicted average weekly wages of federal government employees is between $ and $ given a state average weekly wage of $818.
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