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Stat help. K2=95% confidence 
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#1
Jan1913, 06:48 PM

P: 31

To capture the actual Rent amount 95% of the time, predictions from the fitted equation should include a margin of error of about plus or minus ______ (round to the nearest ten dollars).
$128 $114 (answer) $57 $228 Here's a pic of the table. How did they get the answer? http://picturetrail.com/sfx/album/view/24285022 I know k2= 95%. I know you do 2 * (standard error) but I don't see that on the table. 


#2
Jan2013, 12:48 AM

Sci Advisor
P: 1,172

Is this an inference for regression test that you're doing?



#3
Jan2013, 05:34 PM

P: 31

Yes I think so.



#4
Jan2113, 12:15 AM

Sci Advisor
P: 1,172

Stat help. K2=95% confidence
Check out :
http://www.stat.berkeley.edu/~thornt...c18slides4.pdf focus on pages 3,4, and let us know if you need more help. 


#5
Jan2413, 05:34 PM

Sci Advisor
P: 1,172

Please let me know if you need more help.



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