Solved

Data Were Collected for a Sample of 12 Pharmacists to Determine

Question 16

Multiple Choice

Data were collected for a sample of 12 pharmacists to determine if years of
Experience and salary are related. The regression model fit to these data is  Salary =37.2+1.49 Years Experience \text { Salary } = 37.2 + 1.49 \text { Years Experience }
Using this regression equation to predict
Salary for 10 years of experience gives the following results. Which of the following is
True?  Fit  SE Fit 95% CI 95% PI 52.051.81(48.01,56.08) (38.96,65.13) \begin{array} { l l c c } \text { Fit } & \text { SE Fit } & 95\% \text { CI } & 95\% \text { PI } \\52.05 & 1.81 & ( 48.01,56.08 ) & ( 38.96,65.13 ) \end{array}


A) 95% of pharmacists with 10 years of experience earn between $38,960 and $65,130.
B) 95% of pharmacists with 10 years of experience earn between $48,010 and $56,080.
C) We are 95% confident that a particular pharmacist who has 10 years of experience earns between $38,960 and $65,130.
D) We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48,010 and $56,080
E) 95% of pharmacists with 10 years experience on average earn between $48,010

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions