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The Following Data Have Been Collected for a Simple Linear

Question 45

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The following data have been collected for a simple linear regression analysis relating sales (y) to price (x) : The following data have been collected for a simple linear regression analysis relating sales (y)  to price (x) :   The slope term (b)  in the estimated regression equation is -12.The intercept term (a)  is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6) .Report the upper bound for your interval. A) 102.3 B) 126.8 C) 113.4 D) 144.6 E) 135.2 The slope term (b) in the estimated regression equation is -12.The intercept term (a) is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6) .Report the upper bound for your interval.


A) 102.3
B) 126.8
C) 113.4
D) 144.6
E) 135.2

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