Refer to Exercise 16. a. Determine the .95 confidence interval, in thousands of dollars, for the mean
Question:
a. Determine the .95 confidence interval, in thousands of dollars, for the mean of all sales personnel who make 40 contacts.
b. Determine the .95 prediction interval, in thousands of dollars, for a particular salesperson who makes 40 contacts.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
Question Posted: