Using this regression equation: Salary = 37.2 + 1.49 Years' Experience to predict salary for pharmacists with 10 years of experience gives the following results.Which of the following is true?

A)95% of pharmacists with 10 years of experience earn between $38,960 and $65,130.
B)95% of pharmacists with 10 years of experience earn between $48,010 and $56,080.
C)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $38,960 and $65,130.
D)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48,010 and $56,080
E)95% of pharmacists with 10 years experience on average earn between $48,010 and $56,080.

Question

Using this regression equation: Salary = 37.2 + 1.49 Years' Experience to predict salary for pharmacists with 10 years of experience gives the following results.Which of the following is true?

A)95% of pharmacists with 10 years of experience earn between $38,960 and $65,130. 
B)95% of pharmacists with 10 years of experience earn between $48,010 and $56,080. 
C)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $38,960 and $65,130. 
D)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48,010 and $56,080 
E)95% of pharmacists with 10 years experience on average earn between $48,010 and $56,080.

Quizplus · Accepted Answer

The Answer of Using this regression equation: Salary = 37.2 + 1.49 Years' Experience to predict salary for pharmacists with 10 years of experience gives the following results.Which of the following is true?

A)95% of pharmacists with 10 years of experience earn between $38,960 and $65,130. 
B)95% of pharmacists with 10 years of experience earn between $48,010 and $56,080. 
C)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $38,960 and $65,130. 
D)We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48,010 and $56,080 
E)95% of pharmacists with 10 years experience on average earn between $48,010 and $56,080.

Using This Regression Equation: Salary = 37