Using the regression equation, Salary- 37.2+1.49 Years Experience, to predict sa

Question

Using the regression equation, Salary- 37.2+1.49 Years Experience, to predict salary for pharmacists with 10 years of experience gives the following results. Which of the following is true? 958 CI Fit 52.05 1.81 SE Fit 95% PI 48.01,56.0 (38.96, 65.13) ? A. We are 95% confident that a particular pharmacist who has 10 years of experience earns between $38,960 and $65,130. ( B. 95% of pharmacists with 10 years of experience earn between $48,010 and $56,080. ° C. 95% of pharmacists with 10 years of experience earn between $38,960 and $65,130 d D. We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48,010 and $56,080.

Explanation / Answer

1)option D is correct

we are 95% confident that a particular pharmacist who has 10 yyears of experience earn betrween 48010 and 56080

2)

option C is correct ; reject the null hypothesis and conclude that there is a siginficiant relationship

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