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 18 6 7 14 1 2 2 4 5 6 8 19 13 10 Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. The 95% prediction interval that estimates the monthly sales for an employee with 5 years of experience is (5.79, 14.73) (2.64, 17.82) (4.23, 16.23) O (7.72, 12.73)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
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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
8
6
7
14
9
1
2
2
4
5
8
13
10
Management would like to use simple regression analysis to estimate monthly car sales using the
number of years of sales experience. The 95% prediction interval that estimates the monthly sales for
an employee with 5 years of experience is
(5.79, 14.73)
(2.64, 17.82)
(4.23, 16.23)
(7.72, 12.73)
Transcribed Image Text: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 8 6 7 14 9 1 2 2 4 5 8 13 10 Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. The 95% prediction interval that estimates the monthly sales for an employee with 5 years of experience is (5.79, 14.73) (2.64, 17.82) (4.23, 16.23) (7.72, 12.73)
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