Repeat Exercise 15 27, but with average retail units sold per dealer as the independent variable and with the 95 interval estimates assuming a dealer group for which the average number of retail units sold per dealer is 1000 Repeat 15 27 Information describing 98 of the top automobile dealership gr...

The Minitab printout is shown below We have specified point and interval estimates for total revenue associated with a dealership group for which the ...

Repeat Exercise 15.27, but with average retail units sold per dealer as the independent variable and with

Question:

Repeat Exercise 15.27, but with average retail units sold per as the independent variable and with the 95% interval estimates assuming a group for which the average number of retail units sold per is 1000.
Repeat 15.27
Information describing 98 of the top automobile dealership groups in the United States is provided in computer database file DEALERS. For calendar year 1999, the data include the number of dealers, the average number of retail units sold per and the total revenue for the dealership group. Determine the regression equation estimating total revenue as a function of the number of dealers. For a dealership group consisting of 100 dealers, determine and interpret the 95% confidence and prediction intervals associated with total revenue.
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...