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O HW Score: 12.8%, 2.56 of Program Per-Year Tuition ($) Mean Starting Salary Upon Graduation ($) Question 18, 13.8.60-T 63050 156009 20 points 67901 154971 Part 2 of 3 O Points: 0 of 1 Save 66777 149663 69250 142760 66765 143157 Pursuing an MBA is a major personal investment. Tuition and expenses associated with business school programs are 66087 150933 V costly, but the high costs come with hopes of career advancement and high salaries. A prospective MBA student would 65341 150328 like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses 69546 150880 program per-year tuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at 65000 133302 private universities. The data are stored in the accompanying table. Complete parts (a) through (c) below. 64575 144120 67581 148256 Click the icon to view the data on program per-year tuition and mean starting salary. 60621 148611 60300 141438 55959 135925 54814 125659 54397 116394 a. Construct a 95% confidence interval estimate of the mean starting salary upon graduation of an individual 55884 128610 program with per-year tuition cost of $50,300. 52439 128950 52980 129217 $ 103,504 SHYIX = 50,300 S$ 114,696 49884 121050 (Round to the nearest dollar.) 44506 112242 48449 108056 b. Construct a 95% prediction interval of the starting salary upon graduation of an individual program with 50934 108290 per-year tuition cost of $50,300. 44541 109762 38589 78863 $SYX= 50,300 S$ 47106 78003 46512 102818 (Round to the nearest dollar.) 49629 78367 38954 88387 33783 72842 42049 76826 43202 54129 50293 62390 33262 103259 22528 55792 40699 82704 37833 54742 Check answer w an example Get more help - Clear all Ready 100%