WPS OfficeTutorial 8.pdfWAN NU...O Go Premium= Menu vHomeInsertCommentEditPageProtectToolsKECN3122Tutorial 8: Simple Linear RegressionB1) A sales manage collected the following on annual sales for new customer accounts and thenumber of years of experience for a sample of 10 salespersons.3ESalespersonYears of ExperienceAnnual Sales (RM1000S)11803.97492441021036.81117101198101239.1111710131361/3BO 00+ 23160% - -10:52 AM30/12/2020近 WPS OfficeTutorial 8.pdfWAN NU..O Go Premium= Menu vHomeInsertCommentEditPageProtectToolsK5) Refer to problem (1). The estimated regression equation for the data is ŷ = 80 + 4x. For thesedata i = 7, E(x; – x)² = 142, and s = 4.6098.%3D%3DB3Ea. Develop a 95% confidence interval for the mean annual sales for all salespersonswith nine years of experience.b. The company is considering hiring Salesperson 11 with nine years of experience.Develop a 95% prediction interval of annual sales for this salesperson.C.Discuss the differences in your answers in part (a) and (b).3/3BO 00+ 23160% - -3:10 PMO 4) G30/12/2020近

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Given : The estimated regression equation is y^ = 80 + 4x a. To develop a 95% confidence interval…

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Develop a 95% confidence interval for the mean annual sales for all salespersons with nine years of experience. b. The company is considering hiring Salesperson 11 with nine years of experience. Develop a 95% prediction interval of annual sales for this salesperson. c. Discuss the differences in your answers in part (a) and (b).

Develop a 95% confidence interval for the mean annual sales for all salespersons with nine years of experience. b. The company is considering hiring Salesperson 11 with nine years of experience. Develop a 95% prediction interval of annual sales for this salesperson. c. Discuss the differences in your answers in part (a) and (b).

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter4: Writing Linear Equations

Section: Chapter Questions

Problem 14CR

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