Construct the 95% Prediction Interval Estimate for the actual tax for one the house with an asking price of $400,000 and 50 years old, I have attatched the regression table and data below.
Construct the 95% Prediction Interval Estimate for the actual tax for one the house with an asking price of $400,000 and 50 years old, I have attatched the regression table and data below.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Construct the 95% Prediction
Transcribed Image Text:2
B
Regression Analysis
Regression Statistics
4 Multiple R
5 R Square
5 Adjusted R Square
7 Standard Error
3
Observations
9
0 ANOVA
1
2 Regression
3 Residual
4 Total
5
6
7 Intercept
8 Asking Price
9 Age
0
1
2
3
0.9915
0.9830
0.9824
108.8113
df
61
SS
MS
F
2 39731441.7245 19865720.8622 1677.8619
11839.9024
58 686714.3411
60 40418156.0656
Coefficients Standard Error
-90.2166
113.1013
9.2169
0.1716
2.5069
0.8994
E
t Stat
P-value
-0.7977 0.4283
53.7184 0.0000
2.7873 0.0072
Significance F
0.0000
Lower 95%
-316.6134
8.8735
0.7065
Upper 95%
136.1802
9.5604
4.3073
Lower 95%
-316.6134
8.8735
0.7065
Upper 95%
136.1802
9.5604
4.3073
A
b2, b1, b0 intercepts
b2, b1, b0 Standard Error
R Square, Standard Error
F, Residual df
Regression SS, Residual SS
Confidence level
t Critical Value
Half Width b0
Half Width b1
Half Width b2
Calculations
9.2169 -90.2166
2.5069
0.8994
0.9830
1677.8619
39731441.72 686714.3411 #N/A
0.1716 113.1013
108.8113 #N/A
58 #N/A
7
7
95%
2.0017
226.3968
0.3435
1.8004
IN
✓
Transcribed Image Text:1
2
10
11
A
4
5
14 Wellwood Court
6
11511 Bucknell Drive
7
1007 Nora Drive
* 2609 Weisman Road
9
1119 Netherlands Court
12
13
14
15
16
17
18
19
20
21
22
Address
218 Windridge Acres Court
2424 White Horse Lane
12103 Bushey Drive
1013 Robroy Drive
4404 Mahan Court
10213 Colesville Road
508 Silver Spring Avenue
1000 Hobbs Drive
12719 Feldon Street
8816 Glenville Road
1006 Carson Street
8505 Mayfair Place
2004 Gatewood Place
2302 Eccleston Street
13519 Cedar Creek Lane
11601 Mapleview Drive
2123 Cherry Leaf Lane
23
24 2700 Bel Pre Road
25 15530 Thompson Road
26 11401 Clara Street
27 10624 Eastwood Avenue
28 509 Jaystone Place
29 2405 East Gate Drive
30 3420 Kilkenny Street
31 810 Venice Drive
33
32 305 Southwest Drive
13116 Hutchinson Way
34 1704 Lansdowne Way
35 1626 Maydale Drive
36 9304 Wire Avenue
37 11605 ConneCourticut Avenue
38 2306 Falling Creek Road
39 108 Claybrook Drive
40 905 Brentwood Lane
41 1326 Canyon Road
42 1305 Peaceful Lanc
43 8910 Lanier Drive
44 939 Norwood Road
45 12725 Bexley Terrace
46 205 Dearborn Avenue
47 2714 Sheraton Street
48 11316 Galt Avenue
49 9709 Grayson Avenue
50 10917 Glenhaven Parkway
51 9707 Lawson Place
52 14205 Alderton Road
53 10405 Grandin Road
54 808 Tanley Road
55 14501 Cobblestone Drive
56 2205 Countryside Drive
57 13121 Valleywood Drive
58 321 University Blvd East
59 2025 Edgewater Parkway
60
1417 Crockett Lane
61
807 Copley Lane
Asking Price
450.0
4176
539.0 5004
309.0 2868
549.0
5088
494.0
4584
425.0
419.9
437.5
468.9
369.9
550.0
368.0
489.0
369.9
332.0
420.0
595.0
550.0
439.0
584.5
450.0
569.0
459.9
669.9
418.0
469.0
579.0
479.9
C
Yearly
Taxes
3948
500.0
590.0
700.0
379.9
489.9
518.0
434.9
439.9
450.0
529.9
360.0
625.0
3900
4056
4344
3432
5100
3408
4536
3432
3984
3900
5520
5208
4068
5424
4176
5292
4272
6216
3876
4356
5376
4452
480.0
464.3
4308
459.9 4272
619.0 5748
599.0 5556
599.9 5568
585.0 5424
4452
4680
499.9 4644
504.9
479.9
535.0
424.9
375.0
549.0
346.0
449,9
535.0
269.9
385.0
399.3
4452
4968
3936
3480
5088
3204
4176
4968
2508
3576
3708
4644
5472
6492
3528
4548
4800
4032
4080
4176
4920
3336
5796
D
Age
2889***852852868-288823²2382223325222222228353F3F382952%%%
43
54
57
81
107
66
71
30
66
18
30
64
37
46
50
67
71
49
77
12
50
46
21
70
E
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