The manager of a local shopping mall uses simple linear regression to develop an equation that predicts the number of daily shoplifting incidents at the mall's stores based on the number of security guards employed.The manager uses the following data: The slope of the regression line is b = -1.2; the intercept of the regression line is a = 14.5.
Use the results of the regression analysis to produce a 95% prediction interval for the expected number of shoplifting incidents on a particular day when there are 5 security guards on duty.Based on the prediction interval, complete the following sentence:
With 95% confidence, the predicted number of shoplifting incidents on a particular day when there are 5 security guards on duty is between ______ and ______.
A) -2.7, 19.4
B) 2.3, 14.4
C) 6.24, 10.36
D) 7.7, 8.9
Correct Answer:
Verified
Q99: Partial regression results from a sample of
Q100: Partial regression results from a sample of
Q101: The manager of a local shopping mall
Q102: A local shopping mall would like to
Q103: The manager of a local shopping mall
Q105: The manager of a local shopping mall
Q106: A local shopping mall would like to
Q107: The manager of a local shopping mall
Q108: The manager of a local shopping mall
Q109: The manager of a local shopping mall
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents