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 $814. The equation of the regression line is y = 1.431x- 17.649. Wages (state), x Wages (federal), y 700 752 790 823 853 877 912 921 949 969 1,027 1,040 1,095 1,143 1,184 1,246 1,270 1,304 1,338 1,402 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 $814. 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 $814, 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 S and $ given a state average weekly wage of $814.

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7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
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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 $814.
The equation of the regression line is y = 1.431x - 17.649.
Wages (state), x
Wages (federal), y
700
752
790
823
853
877
912
921
949
969
1,027
1,040
1,095
1,143
1,184
1,246
1,270
1,304
1,338
1,402
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 $814. 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 $814, 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 S
and $
given a state average weekly
wage of $814
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 $814. The equation of the regression line is y = 1.431x - 17.649. Wages (state), x Wages (federal), y 700 752 790 823 853 877 912 921 949 969 1,027 1,040 1,095 1,143 1,184 1,246 1,270 1,304 1,338 1,402 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 $814. 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 $814, 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 S and $ given a state average weekly wage of $814
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