Question: Give a forecast of next month’s workers’ compensation claims if the following values are given:

MALE SAFETY SALES PARTTM EMPLOYS

.30 25.0 21.0 .51 164

Also give a 95 % prediction interval for CLAIMS. An acceptable formula for estimating this is given by: Y ± s _E · t _n-p-1;.025 , where Y is your predicted number of workers’ compensation claims, s _E is the standard error of the regression model (found just below R ² in the regression output), and t _n-p-1;.025 is a value from the t-distribution with probability of .025 (in one tail) and degrees of freedom of n-p-1 (number of observations – number of predictor variables in model – 1). You are allowed to assume a value of 2.042 for the value from the t-distribution.

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