We need to evaluate the regression equation at x=40, obtaining Y#770;=-12.201+2.195* 40=75.585


Question: We need to evaluate the regression equation at \(x=40\), obtaining

\[\hat{Y}=-12.201+2.195\times 40=75.585\]

a. Determine the standard error of estimate.

b. Suppose a large sample is selected (instead of just 10). About 95 percent of the predictions regarding sales would occur between what two values?

Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document

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