Karina Burkholtz believes there is a linear connection between the hourly rate (x) that her company charges for its truck rentals and the number of weekly rental hours (y) that the company sells.The following data are available: The slope term (b) in the estimated regression equation is -8.The intercept term (a) is 237.Construct a 95% confidence interval estimate of E(y12) , the expected weekly rental hours for an hourly rate of $12.Report the upper bound for the interval.
A) 89.6
B) 166.3
C) 182.8
D) 125.7
E) 137.2
Correct Answer:
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