TABLE 12-11
A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the new shareware. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different sharewares that he has developed:
-Referring to Table 12-11, what are the lower and upper limits of the 95% confidence interval estimate for the mean change in revenue as a result of a 1 thousand increase in the number of downloads?
Definitions:
Ending Finished Goods Inventory
The value of all the finished goods available for sale at the end of an accounting period.
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