Consider the following to answer the question(s) below:
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and the number of units each sold last month was recorded. Relevant data appear in the table below.
Below are the scatterplot, regression results, and residual plots for these data.
-The confidence interval and prediction interval for the number of units sold per month when GPA = 3.00 are shown below. Interpret both intervals in this context.

Question

Consider the following to answer the question(s) below:
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and the number of units each sold last month was recorded. Relevant data appear in the table below.
  Below are the scatterplot, regression results, and residual plots for these data.    
-The confidence interval and prediction interval for the number of units sold per month when GPA = 3.00 are shown below. Interpret both intervals in this context.

Quizplus · Accepted Answer

The Answer of Consider the following to answer the question(s) below:
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and the number of units each sold last month was recorded. Relevant data appear in the table below.
  Below are the scatterplot, regression results, and residual plots for these data.    
-The confidence interval and prediction interval for the number of units sold per month when GPA = 3.00 are shown below. Interpret both intervals in this context.

Consider the Following to Answer the Question(s) Below