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Retail Price Data For n=60n = 60 Hard Disk Drives Were Recently Reported in a Computer Magazine

Question 51

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Retail price data for n=60n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive:
y=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:

 Dep Var  Predict  Std Err  Lower 95%  Upper 95%  OBS  SPEED  CHIP  PRICE  Value  Predict  Predict  Predict  Residual 1333865099.04464.9260.7683942.74987.1634.1\begin{array} { r r r r r r r r r } \hline& & & \text { Dep Var } & \text { Predict } & \text { Std Err } & \text { Lower 95\% } & \text { Upper 95\% } & \\\text { OBS } & \text { SPEED } & \text { CHIP } & \text { PRICE } & \text { Value } & \text { Predict } & \text { Predict } & \text { Predict } & \text { Residual } \\& & & & & & & & \\1 & 33 & 386 & 5099.0 & 4464.9 & 260.768 & 3942.7 & 4987.1 & 634.1\\\hline\end{array}


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

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