The following data have been collected for a simple linear regression analysis relating sales (y) to price (x): The slope term (b) in the estimated regression equation is -12.The intercept term (a) is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6).Report the upper bound for your interval.
A)102.3
B)126.8
C)113.4
D)144.6
E)135.2

Question

The following data have been collected for a simple linear regression analysis relating sales (y) to price (x):  The slope term (b) in the estimated regression equation is -12.The intercept term (a) is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6).Report the upper bound for your interval.
A)102.3 
B)126.8 
C)113.4 
D)144.6 
E)135.2

Quizplus · Accepted Answer

The Answer of The following data have been collected for a simple linear regression analysis relating sales (y) to price (x):  The slope term (b) in the estimated regression equation is -12.The intercept term (a) is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6).Report the upper bound for your interval.
A)102.3 
B)126.8 
C)113.4 
D)144.6 
E)135.2

The Following Data Have Been Collected for a Simple Linear