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 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $856. The equation of the regression line is y = 1.386x + 12.604. Wages (state), x 723 777 787 1,035 1,060 1,091 806 848 867 929 939 959 1,137 1,194 1,239 1.273 1,302 1,339 Wages (federal), y (...) 972 D 1,385 Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $856. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. There is a 98% chance that the predicted average weekly wages of federal government employees is between $ average weekly wage of $856. and $ given a state O B. We can be 98% confident that when the average weekly wages of state government employees is $856, the average weekly wages of federal government employees will be between $ and S
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 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $856. The equation of the regression line is y = 1.386x + 12.604. Wages (state), x 723 777 787 1,035 1,060 1,091 806 848 867 929 939 959 1,137 1,194 1,239 1.273 1,302 1,339 Wages (federal), y (...) 972 D 1,385 Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $856. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. There is a 98% chance that the predicted average weekly wages of federal government employees is between $ average weekly wage of $856. and $ given a state O B. We can be 98% confident that when the average weekly wages of state government employees is $856, the average weekly wages of federal government employees will be between $ and S
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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Can you please work this problem for me.

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 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages
of state government employees is $856. The equation of the regression line is y = 1.386x + 12.604.
723 777 787 806 848 867 929 939 959 972
1,035 1,060 1,091 1,137 1,194 1,239 1,273 1,302 1,339 1,385
Wages (state), x
Wages (federal), y
Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages
of state government employees is $856. Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to the nearest cent as needed.)
O A. There is a 98% chance that the predicted average weekly wages of federal government employees is between $ and $ given a state
average weekly wage of $856.
O B. We can be 98% confident that when the average weekly wages of state government employees is $856, the average weekly wages of
federal government employees will be between $ and $
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