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SCENARIO 12-10
the Management of a Chain Electronic Store Would

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SCENARIO 12-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases.A random sample of 12 stores yields the following results:  Customers  Sales  (Thousands of  Dollars) 90711.2092611.057138.217419.217809.4289810.085106.735297.024606.128729.526507.536037.25\begin{array} { | l | c | } \hline \text { Customers } & \begin{array} { l } \text { Sales } \\\text { (Thousands of } \\\text { Dollars) }\end{array} \\\hline 907 & 11.20 \\\hline 926 & 11.05 \\\hline 713 & 8.21 \\\hline 741 & 9.21 \\\hline 780 & 9.42 \\\hline 898 & 10.08 \\\hline 510 & 6.73 \\\hline 529 & 7.02 \\\hline 460 & 6.12 \\\hline 872 & 9.52 \\\hline 650 & 7.53 \\\hline 603 & 7.25 \\\hline\end{array}
-Referring to Scenario 12-10, construct a 95% prediction interval for the weekly sales of a store that has 600 purchasing customers.

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Definitions:

Diffusion

The process by which molecules spread from areas of high concentration to areas of low concentration, often leading to equilibrium.

Osmosis

The process by which molecules of a solvent pass through a semipermeable membrane from a less concentrated solution into a more concentrated one.

Filtration

The process of separating solids from liquids or gases using a filter medium that allows only the fluid to pass through.

Active Transport

The movement of molecules across a cell membrane from a region of lower concentration to a region of higher concentration, requiring energy.

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