Using the data in the worksheet Consumer Transportation Survey, develop 95% and 99% confidence intervals for the following: a. The mean hours per week that individuals spend in their vehicles

Using the data in the worksheet Consumer Transportation Survey, develop 95% and 99% prediction intervals for the following: a. the hours per week that an individual will spend in his or her vehicle b. the number of miles driven per week Compare these to the confidence intervals developed in Problem 10. Using the data in the worksheet Consumer Transportation Survey, develop 95% and 99% confidence intervals for the following: a. The mean hours per week that individuals spend in their vehicles b. The average number of miles driven per week c. The proportion of individuals who are satisfied with their vehicle d. The proportion of individuals who have at least one child Explain the differences as the level of confidence increases.


 

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