A $95 \%$ Prediction Interval for SALARY When GMAT $= 600$ Is $( \$ 37,915 , \$ 51,948 )$

Multiple Choice

A $95 \%$ prediction interval for SALARY when GMAT $= 600$ is $( \$ 37,915 , \$ 51,948 )$ . Interpret this interval for the situation above.

A) We are $95 \%$ confident that the mean SALARY of all top business school graduates with GMATs of 600 will fall between $\$ 37,915$ and $\$ 51,984$ .
B) We are $95 \%$ confident that the SALARY of a top business school graduate with a GMAT of 600 will fall between $\$ 37,915$ and $\$ 51,984$ .
C) We are $95 \%$ confident that the SALARY of a top business school graduate will fall between $\$ 37,915$ and $\$ 51,984$ .
D) We are $95 \%$ confident that the increase in SALARY for a 600-point increase in GMAT will fall between $\$ 37,915$ and $\$ 51,984$ .