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Using the regression equation, Salary 372 + 1.49 Years Experience, to predict sa

ID: 3317443 • Letter: U

Question

Using the regression equation, Salary 372 + 1.49 Years Experience, to predict salary for pharmacists with 10 years of experience gives the following results. Which of the following is true? Fit 52.05 1.1(48.01, 56.08) (39.96, 65.13) SE Fit 95% CI 95% PI 0 A. We are 95% confident that a particular pharmacist who has 10 years of experience earns between S38960 and S65130 O B. 95% of pharmacists with 10 years of experience earn between $48,010 and $56,080 ( C. 95% of pharmacists with 10 years of experience earn between $38.960 and $65.130 D. We are 95% confident that a particular pharmacist who has 10 years of experience earns between $48010 and S56080

Explanation / Answer

Since the CI is given as (48.1, 56.08). thus option D is correct i.e We are 95% confident that a particular pharmacist earns between $48010 and $56080