Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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