What Is the Confidence Interval for the Predicted Value of Y

question 37

Multiple Choice

What is the confidence interval for the predicted value of Y?

• A)It is constructed by multiplying the t-statistic times the standard error.
• B)It is a measure of the likelihood that the prediction interval will not contain the actual cost.
• C)It provides a 95 percent confidence level.
• D)It is constructed by deciding the t-statistic times the standard error.

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