The table below shows the numbers of new-vehicle sales (in thousands) for Company 1 and Company 2 for 11 years. Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. The equation of the regression line is y = 1.208x+403.392. Company 1, x Company 2, y 4104 4949 3999 4854 3639 3441 4840 4727 3282 4658 3113 4496 2881 4092 2480 3809 1909 2919 1659 2003 1856 2175 Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) OA. We can be 99% confident that when the new-vehicle sales for Company 1 is 2705 thousand, the new-vehicle sales for Company 2 will be between and thousand. B. There is a 99% chance that the predicted new-vehicle sales for Company 2 is between and thousand, given that the new-vehicle sales for Company 1 is 2705thousand
The table below shows the numbers of new-vehicle sales (in thousands) for Company 1 and Company 2 for 11 years. Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. The equation of the regression line is y = 1.208x+403.392. Company 1, x Company 2, y 4104 4949 3999 4854 3639 3441 4840 4727 3282 4658 3113 4496 2881 4092 2480 3809 1909 2919 1659 2003 1856 2175 Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) OA. We can be 99% confident that when the new-vehicle sales for Company 1 is 2705 thousand, the new-vehicle sales for Company 2 will be between and thousand. B. There is a 99% chance that the predicted new-vehicle sales for Company 2 is between and thousand, given that the new-vehicle sales for Company 1 is 2705thousand
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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Author:Bruce Crauder, Benny Evans, Alan Noell
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![The table below shows the numbers of new-vehicle sales (in thousands) for Company 1 and Company 2 for 11 years. Construct and interpret a 99% prediction interval for new-vehicle sales for
Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. The equation of the regression line is y = 1.208x+403.392.
Company 1, x
Company 2, y
4104
4949
3999
4854
3639
3441
4840
4727
3282
4658
3113
4496
2881
4092
2480
3809
1909
2919
1659
2003
1856
2175
Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. Select the correct choice below and fill
in the answer boxes to complete your choice.
(Round to the nearest cent as needed.)
OA. We can be 99% confident that when the new-vehicle sales for Company 1 is 2705 thousand, the new-vehicle sales for Company 2 will be between and thousand.
B. There is a 99% chance that the predicted new-vehicle sales for Company 2 is between
and
thousand, given that the new-vehicle sales for Company 1 is 2705thousand](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F92895d29-010c-4b42-8066-101e176eec78%2F09928611-f4c6-4dc2-b115-1cbb3681ae10%2F5k77i4j_processed.png&w=3840&q=75)
Transcribed Image Text:The table below shows the numbers of new-vehicle sales (in thousands) for Company 1 and Company 2 for 11 years. Construct and interpret a 99% prediction interval for new-vehicle sales for
Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. The equation of the regression line is y = 1.208x+403.392.
Company 1, x
Company 2, y
4104
4949
3999
4854
3639
3441
4840
4727
3282
4658
3113
4496
2881
4092
2480
3809
1909
2919
1659
2003
1856
2175
Construct and interpret a 99% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2705 thousand. Select the correct choice below and fill
in the answer boxes to complete your choice.
(Round to the nearest cent as needed.)
OA. We can be 99% confident that when the new-vehicle sales for Company 1 is 2705 thousand, the new-vehicle sales for Company 2 will be between and thousand.
B. There is a 99% chance that the predicted new-vehicle sales for Company 2 is between
and
thousand, given that the new-vehicle sales for Company 1 is 2705thousand
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