Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below. (or use the excel file #contacts and sales n = 20 data only) Determine the 95% prediction interval for Sales when 25 contacts are made.
A) $14,499, $69,545
B) $14.499, $49.265
C) $34,779, $49,265
D) $34.78, 449.27
E) $14.50, $69.55

Question

Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below. (or use the excel file #contacts and sales n = 20 data only)    Determine the 95% prediction interval for Sales when 25 contacts are made.
A) $14,499, $69,545 
B) $14.499, $49.265 
C) $34,779, $49,265 
D) $34.78, 449.27 
E) $14.50, $69.55

Quizplus · Accepted Answer

The Answer of Data is collected from 20 sales people in order to verify that the more contacts made with potential clients, the greater the sales volume. The Mega Stat printout is shown below. (or use the excel file #contacts and sales n = 20 data only)    Determine the 95% prediction interval for Sales when 25 contacts are made.
A) $14,499, $69,545 
B) $14.499, $49.265 
C) $34,779, $49,265 
D) $34.78, 449.27 
E) $14.50, $69.55

Data Is Collected from 20 Sales People in Order to Verify