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Retail Price Data for N = 60 Hard Disk Drives y=\mathrm { y } =

Question 31

Essay

Retail price data for n = 60 hard disk drives were recently reported in a computer
magazine. Three variables were recorded for each hard disk drive: y=\mathrm { y } = Retail PRICE (measured in dollars)
x1\mathrm { x } _ { 1 } = Microprocessor SPEED (measured in megahertz)
(Values in sample range from 10 to 40 )
x2=CHIP\mathrm { x } _ { 2 } = \mathrm { CHIP } size (measured in computer processing units)
(Values in sample range from 286 to 486 )
A first-order regression model was fit to the data. Part of the printout follows:
 Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive:  \mathrm { y } =  Retail PRICE (measured in dollars)  \mathrm { x } _ { 1 }  = Microprocessor SPEED (measured in megahertz) (Values in sample range from 10 to 40 )  \mathrm { x } _ { 2 } = \mathrm { CHIP }  size (measured in computer processing units) (Values in sample range from 286 to 486 ) A first-order regression model was fit to the data. Part of the printout follows:    Interpret the  95 \%  prediction interval for  y  when  x _ { 1 } = 33  and  x _ { 2 } = 386 .

Interpret the 95%95 \% prediction interval for yy when x1=33x _ { 1 } = 33 and x2=386x _ { 2 } = 386 .

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