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The table below shows the number of cars sold last month by seven employees at Concord...

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Question

Basic Math

The table below shows the number of cars sold last month byseven employees at Concord Motors and their number of years ofsales experience.

ExperienceSales
18
26
27
414
59
613
810

Management would like to use simple regression analysis toestimate monthly car sales using the number of years of salesexperience. The 95% confidence interval for the regression slope is________.

A. (-1.842, 3.158)

B. (-0.481, 1.797)

C. (0.058, 1.258)

D. (0.408, 0.908)

Answer & Explanation Solved by verified expert
4.2 Ratings (544 Votes)
To calculate the 95 confidence interval for the regressionslope is we required the slope and standard error of    See Answer
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