The Following MINITAB Output Presents a Confidence Interval for a Mean

question 17

Short Answer

The following MINITAB output presents a confidence interval for a mean response and a prediction interval for an individual response.
What is the $95 \%$ prediction interval for the new observation?

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Definitions:

Soviet Union

A socialist state that spanned much of Europe and Asia from 1922 until its dissolution in 1991.

Emergency Banking Act

A law passed in 1933 during the Great Depression that aimed to stabilize the banking sector, restore public confidence, and prevent the failure of banks.

Roosevelt's Inauguration

The ceremony marking the beginning of Franklin D. Roosevelt's presidency, notable for his speech declaring the only thing to fear is "fear itself" during the Great Depression.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold, ensuring stable prices and exchange rates.