Consider the Following to Answer the Question(s) Below

question 24

Essay

Consider the following to answer the question(s) below:
A sales manager was interested in determining if there is a relationship between college GPA and sales performance among salespeople hired within the last year. A sample of recently hired salespeople was selected and the number of units each sold last month was recorded. Relevant data appear in the table below.
Below are the scatterplot, regression results, and residual plots for these data.
-The confidence interval and prediction interval for the number of units sold per month when GPA = 3.00 are shown below. Interpret both intervals in this context.

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Definitions:

SWOT Analysis

A strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

Product Offerings

The range of products or services that a company makes available to its customers.

Survival Kits

A package containing supplies and tools prepared in advance as an aid to survival in an emergency.

Physical Plant

The tangible facilities, machinery, and infrastructure required for the operation of a business or industry.