If we are predicting y when the values of the independent variables are x₀₁, x₀₂, . . . , x₀_k, the farther the values of x₀₁, x₀₂, . . . , x₀_kare from the center of the observed data, the smaller the distance value and the more precise the associated confidence and prediction intervals.

Question

Quizplus · Accepted Answer

The farther the values are from the center, then the larger the distance value, and both the confidence interval and prediction interval are wider.

If We Are Predicting Y When the Values of the Independent