Q 8Question 8

What would the 95% upper and lower predicted value of quantity be at the mean price of $75.30? Use the best point estimate of intercept, and the upper and lower estimate of price effect.

Select one:

a.About 30 to 70 units

b. About 40 to 59 units

c. 49.5 plus or minus 15 units

d. 49.5 plus or minus 1.5 units

e. Cannot be determined

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