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Consider the results of statistical analysis of data on sales (Y in $1,000s) and the years of experience (X) of 10 randomly selected salespeople from
Consider the results of statistical analysis of data on sales (Y in $1,000s) and the years of experience (X) of 10 randomly selected salespeople from a local grocery store.
Coefficients
Standard Error
Intercept
9.336
0.7564
Experience (X)
0.9102
0.0749
Estimate the upper confidence limit of the average monthly sales in dollars, of all salespersons with 10 years of experience with 96% confidence coefficient.
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