Obtain an estimated value for each situations

Reference no: EM131808537

Question: Obtain an estimated value and a standard deviation (either from data or by educated guess) for each of two situations important to your business interests. For each case, find a prediction interval and write a sentence interpreting it. Explain your reasons if you use a prediction level other than 95% or if you use a one-sided prediction interval.

Reference no: EM131808537

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