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The data on y = annual sales ($1,000s) for new customer accounts and x = numberof years of experience for a sample of 10 salespersons

The data ony= annual sales ($1,000s) for new customer accounts andx= numberof years of experience for a sample of 10 salespersons provided the estimated regression equation

= 80 + 4x.

For these data,

x= 7,

(xix)2= 142,

and

s= 4.6098.

(a)Develop a 95% confidence interval for the mean annual sales (in thousands of dollars) for all salespersons withtwoyears of experience. (Round your answers to two decimal places.)$ thousand to $ thousand(b)The company is considering hiring Tom Smart, a salesperson withtwoyears of experience. Develop a 95% prediction interval of annual sales (in thousands of dollars) for Tom Smart. (Round your answers to two decimal places.)$ thousand to $ thousand

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