Mathematics, 31.03.2020 00:53 kyllow5644

For a random sample of children from a school district in South Carolina, a regression analysis is conducted of yequalsamount spent on clothes in the past year (dollars) and xequalsyear in school. MINITAB reports the tabulated results for observations at xequals12. Predicted Values for New Observations NewObs Fit SEFit 95% CI 95% PI 1 448.0 10.6 (427,469) (101,795) a. Interpret the value listed under "Fit". Choose the correct answer below. A. Range of plausible values for the population mean. B. Standard error of predicted amount. C. Predicted amount. D. Range of plausible values for the individual observations.

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