Prediction interval for a value
Which of the following values are not needed to construct a 95% prediction interval for a value of y?
A. The predicted y value.
B. The standard error.
C. The actual y value.
D. All of the above are needed.
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The Economic Policy Institute periodically issues reports on wages of entry level workers. The Institute reported that entry level wages for male college graduates were $21.68 per hour and for female college graduates were $18.80 per hour in 2011
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