Answered>Order 1026

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 ?$861. The equation of the regression line is y = 1.520x – 103.249.

Wages (state), x ,  744,   757,    799,    823,   843,   892,   915,    928,    953,    973.

Wages (federal), y,    1,029,    1,064,    1,103,    1,142,    1,181,    1,242,    1,271,    1,301,    1,343,    1,403.

 
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