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.

construct a confidence interval using the regression equation.

B.

use the correlation.

C.

use the standard error.

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.