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 98% prediction interval for the...

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 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $888 the equation of the regression line is y= 1.453x-47.386. Wages(state), X | 739|760|784|822|898|921|937|954|965| Wages (federal), Y |1,036|1,054|1,105|1,136|1,192|1,253|1,266|1,327|1,400|
The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret<br>a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $888. The<br>equation of the regression line is y = 1.453x- 47 386.<br>Wages (state), x<br>Wages (federal), y<br>1 o<br>760<br>784<br>822<br>855<br>898<br>921<br>937<br>954<br>965<br>739<br>1,036<br>1,054<br>1,105<br>1,136<br>1,192<br>1,253<br>1,266<br>1,308<br>1,327<br>1.400<br>1 ot<br>Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government<br>employees is $888. Select the correct choice below and fill in the answer boxes to complete your choice.<br>(Round to the nearest cent as needed)<br>2 of<br>and $<br>given a state average weekly<br>O A. There is a 98% chance that the predicted average weekly wages of federal government employees is between $<br>7 of<br>wage of $888.<br>O B. We can be 98% confident that when the average weekly wages of state government employees is $888, the average weekly wages of federal government<br>employees will be between $<br>and $<br>4 of<br>

Extracted text: 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 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $888. The equation of the regression line is y = 1.453x- 47 386. Wages (state), x Wages (federal), y 1 o 760 784 822 855 898 921 937 954 965 739 1,036 1,054 1,105 1,136 1,192 1,253 1,266 1,308 1,327 1.400 1 ot Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $888. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed) 2 of and $ given a state average weekly O A. There is a 98% chance that the predicted average weekly wages of federal government employees is between $ 7 of wage of $888. O B. We can be 98% confident that when the average weekly wages of state government employees is $888, the average weekly wages of federal government employees will be between $ and $ 4 of
Jun 11, 2022
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