If Jim was interested in using regression methods to predict

If Jim was interested in using regression methods to predict the tourism revenue for a particular country that had 30 million foreign visitors, he should _______.

A. use the standard error.

B. construct a confidence interval using the regression equation.

C. use the correlation.

D. construct a predication interval using the regression equation.

Solution

If Jim was interested in using regression methods to predict the tourism revenue for a particular country that had 30 million foreign visitors, he should

D.

construct a predication interval using the regression equation.