GPA
the Following Table Shows the Grade Point Average (GPA)for

question 6

Essay

GPA
The following table shows the grade point average (GPA)for 5 students along with their entrance exam scores for MBA programs (GMAT).Develop a model that would predict the GPA of a student based on their GMAT score.
$$\begin{array} { | c | c | c } \hline \text { Student } & \text { CPA } & \text { GMAT } \\\hline 1 & 3.5 & 6.7 \\\hline 2 & 3.1 & 5.4 \\\hline 3 & 3.2 & 4.8 \\\hline 4 & 4.0 & 7.0 \\\hline 5 & 3.6 & 5.9 \\\hline 6 & 3.2 & 5.2 \\\hline 7 & 3.7 & 7.2 \\\hline\end{array}$$
-Construct a 95% confidence interval for the mean GPA when GMAT = 6.5.

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Definitions:

Break-even Point

The moment at which total costs and total revenues are equal, meaning no net loss or gain is experienced by the business.

Cost Of Goods Sold

The Cost Of Goods Sold (COGS) represents the direct expenses related to the production of goods sold by a company, including materials and labor costs.

Expenses

The economic costs that a business incurs through its operations to earn revenue, which could include costs of goods sold, salaries, and rent.

Sales Territory

The group of customers or a geographical area assigned to a salesperson.