Multiple Choice
Interpret confidence and prediction intervals.
-A sales manager was interested in determining if there is a relationship between
College GPA and sales performance (number of units sold in the previous month) among
Salespeople hired within the last year. The estimated regression equation fit to the data
Was found to be significant at α = 0.05. The 95% confidence interval for the number of
Units sold when GPA = 3.00 was determined to be 20.914 to 22.657. The correct
Interpretation is
A) We can be 95% confident that the number of units sold per month by a particular salesperson with a college GPA of 3.00 is between 20.914 and 22.657 units.
B) We can be 95% confident that the average number of units sold per month by salespersons with a college GPA of 3.00 is between 20.914 and 22.657 units.
C) The number of units sold per month by a salesperson with a college GPA of 3.00 will be between 20.914 and 22.657 units 95% of the time.
D) 95% of the time the average number of units sold per month will be between 20.914 and 22.657 units.
E) We can be 95% confident that each month between 20.914 and 22.657 units will be
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Consider the following to answer the question(s)
Q7: Consider the following to answer the question(s)
Q12: Test for association.<br>-As the carbon content in
Q13: Interpret regression output.<br>-A sales manager was
Q14: Check assumptions / conditions for inferences in
Q15: Create a confidence interval for the
Q16: Check assumptions / conditions for inferences in
Q19: The confidence interval and prediction interval
Q20: Check assumptions / conditions for inferences in
Q22: Interpret a scatterplot.<br>-An operations manager was interested