2. A random sample of 8 office staffs hired within the last year was selected from alarge corporation. For each selected office staff, his or her experience (in months)at the time of hire and starting salary were recorded. The data is given in the tablebelow.Experience (in months)Starting salary (in P 000s)136102079152014161921121321Determine the regression equation. Solve for the sum of squares for error,standard error, coefficient of determination,. Find the 99% confidence interval forall months for the 10th month. Determine a 99% prediction interval for the 10th.Step 1: Complete the table.X YXY13 2061481610 1920 217129 | 1315 21 Step 2: Solve for the following.SlopeInterceptionSimple Linear Regression EquationStandard Error of Estimate Coefficient of DeterminationConfidence Interval:Prediction Interval:

The following table is considered-

Answered: Step 2: Solve for the following. Slope…

Step 2: Solve for the following. Slope Interception Simple Linear Regression Equation Standard Error of Estimate Coefficient of Determination Confidence Interval: Prediction Interval:

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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