Using the regressing equation, Salary = 37.2 + 1.49 Years Experience, to predict
ID: 3291799 • Letter: U
Question
Using the regressing 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? A. 95% of pharmacists with 10 years of experience earn between $38, 960 and $65, 130. B. we are 95% confident that a particular pharmacist who has 10 years of experience earns between $38, 960 and 465, 130. C. 95% of pharmacists with 10 years of experience earn between $48, 010 and $56, 080. D. we are 95% confident that a particular pharmacist who has 10 years of experience earns between $48, 010 and $56, 080.Explanation / Answer
2 is right
Answer to the question below:
1. No. Wrong interpretation. The 95% gives a interval to find the true mean
2. Right. that' the right interpretation
3. wrong interpretation, it not about "95% of the people.."
4. way of interpretation is right but PI is not abouot confidence , it' about probability.
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