The attached table gives the peak power load for a power plant and the daily high temperature for a random sample of 10 days.
(a) Test the hypothesis that the population correlation coefficient between peak power load and high temperature is zero versus the alternative that it is positive. Use = 0:05.
(b) What is the minimum absolute value of the sample correlation coefficient that will make the model signicant at 5% level?
(c) Find a 98% condence and prediction interval for high temperature of 95.
(d) For what value of high temperature the condence interval will be shortest.
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