Coffee and deforestation: prediction. Exercise 24.1 presents data on coffeeprices and
Chapter 0, Problem 24.12(choose chapter or problem)
Coffee and deforestation: prediction. Exercise 24.1 presents data on coffeeprices and loss of forest in Indonesia. If the world coffee price next year is60 cents per pound, what percent of the national park forest do you predict willbe cleared? Figure 24.8 is part of the output from CrunchIt! for prediction whenx = 60.(a) Which interval in the output is the proper 95% interval for predicting nextyears loss of forest?(b) CrunchIt! gives only one of the two standard errors used in prediction. It isSE , the standard error for estimating the mean response. Use this fact along withthe CrunchIt! output to give a 90% confidence interval for the mean percent offorest lost in years when the coffee price is 60 cents per pound.
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