Question
The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample
The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample of 15 similar stores, she gathered the following information regarding the shelf space, in feet, devoted to pet food and the weekly sales in hundreds of dollars. .
Store
Shelf Space
Weekly Sales
1
5
1.3
2
5
1.6
3
5
1.4
4
10
1.7
5
10
1.9
6
10
2.3
7
15
2.2
8
15
2
9
15
1.8
10
20
2.2
11
20
2.4
12
20
2.9
13252.914252.715252.5
Find the 99% prediction interval for the Weekly Sales when the shelf space is 30. (round to 3 decimal places)
Question 5 options:
2.325 < y < 3.232
2.094 < y < 3.927
2.165 < y < 3.915
2.000 < y < 4.000
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