The table below shows the number of cars sold last month by seven employees at Concord Motors and their number of years of sales experience.
Experience | Sales |
1 | 8 |
2 | 6 |
2 | 7 |
4 | 14 |
5 | 9 |
6 | 13 |
8 | 10 |
Management would like to use simple regression analysis to estimate
monthly car sales using the number of years of sales experience.
The 95% confidence interval that estimates the average monthly
sales for an employee with 5 years of experience is ________.
(7.34, 13.12) |
(9.23, 11.23) |
(5.73, 14.73) |
(5.03, 15.43) |
Get Answers For Free
Most questions answered within 1 hours.