The Following Data Have Been Collected for a Simple Linear

question 45

Multiple Choice

The following data have been collected for a simple linear regression analysis relating sales (y) to price (x) : The slope term (b) in the estimated regression equation is -12.The intercept term (a) is 162.Show the 90% prediction interval for sales in a particular case in which price is $6 (that is, for x = 6) .Report the upper bound for your interval.

• A)102.3
• B)126.8
• C)113.4
• D)144.6
• E)135.2

---

Definitions:

Process Losses

Factors that detract from team effectiveness.

Delphi Technique

A method of group communication and decision-making using a series of questionnaires to gather information and opinions from experts, aimed at reaching a consensus.

Rational Decision-Making Technique

A systematic process of defining problems, evaluating alternatives, and choosing optimal solutions based on logical and objective analysis.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone and is used to generate and prioritize ideas.