TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases. A random sample of 12 stores yields the following results:

-Referring to Table 13-10, construct a 95% prediction interval for the weekly sales of a store that has 600 purchasing customers.

Question

TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases. A random sample of 12 stores yields the following results:
 
-Referring to Table 13-10, construct a 95% prediction interval for the weekly sales of a store that has 600 purchasing customers.

Quizplus · Accepted Answer

The Answer of TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases. A random sample of 12 stores yields the following results:
 
-Referring to Table 13-10, construct a 95% prediction interval for the weekly sales of a store that has 600 purchasing customers.

TABLE 13-10 the Management of a Chain Electronic Store Would Like to Like