Use the standard error to construct an approximate
prediction interval for Y using an alpha of 5%.
(Round your answer to 3 decimal places.)
Prediction interval for Y: yˆiy^i ± ______
An agribusiness performed a regression of wheat yield (bushels
per acre) using observations on 26 test plots with four predictors
(rainfall, fertilizer, soil acidity, hours of sun). The standard
error was 1.03 bushels.
(a) Find the approximate width of a 95% prediction
interval for wheat yield. (Round your answer to 2 decimal
places.)
yˆiy^i
± ________
(b) Find the approximate width using the quick
rule. (Round your answer to 2 decimal
places.)
yˆiy^i
± _________
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