Instruction 12 -Referring to Instruction 12

question 84

Short Answer

Instruction 12.34
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:
$$\begin{array} { | l | c | } \hline \text { Customers } & \text { Sales (Thousands of Dollars) } \\\hline 907 & 11.20 \\\hline 926 & 11.05 \\\hline 713 & 8.21 \\\hline 741 & 9.21 \\\hline 780 & 9.42 \\\hline 898 & 10.08 \\\hline 510 & 6.73 \\\hline 529 & 7.02 \\\hline 460 & 6.12 \\\hline 872 & 9.52 \\\hline 650 & 7.53 \\\hline 603 & 7.25 \\\hline\end{array}$$
-Referring to Instruction 12.34,construct a 95% confidence interval for the change in average weekly sales when the number of customers who make purchases increases by 1.

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Definitions:

Privacy Paradox

The contradiction where individuals express concern about privacy but continue to share personal information online.

Privacy Salience

The degree to which privacy matters are prominent, noteworthy, or significant in the minds of individuals or in a given context.

Social Privacy

The aspect of an individual's privacy concerning the management and control of personal information shared in social networks and online platforms.

Affinity

A natural liking for or attraction to a person, place, thing, or idea, often because of perceived similarities or shared characteristics.