The document discusses constructing a 99% prediction interval for average weekly wages of federal government employees based on data showing average weekly wages over 10 years for state and federal employees. When the average weekly wages for state employees is $903, the 99% prediction interval for federal employees' wages is between $__ and $__.
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The table below shows the average weekly wages (in dollars) for state.pdf
1. 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 $903. The equation of the 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 $903. Select the
correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest
cent as needed.) A. We can be 99% confident that when the average weekly wages of state
government employees is $903, the average weekly wages of federal government employees will
be between $ and $ B. There is a 99% chance that the predicted average weekly wages of federal
government employees is between $ and $, given a state average weekly wage of $903.