believes there is a relationship between the number of client contacts and the dollar amount of sales. To document this assertion, Mr. McWhinney gathered the following sample information. The X column indicates the number of client contacts last month, and the Y column shows the value of sales ($ thousands) last month for each client sampled. (Round the final answers to 2 decimal places.)
a.Determine the standard error of estimate.?
b.Suppose a large sample is selected (instead of just 10). About 95% of the predictions regarding sales would occur between what two values? Assuming that the Standard Error of Estimate does not change. Use z = 2.
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