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An independent auditor is interested in studying the relationship between net income and net sales for large corporations. A

An independent auditor is interested in studying the relationship between net income and net sales for large corporations. A random sample of 24 large corporations has been selected, and the net income and net sales have been recorded. A regression analysis has been performed to estimate the model, and the output is given. Regression Analysis: Income vs. Sales The regression equation is Analysis of Variance Predicted Values for New Observations Values of Predictors for New Observations Find the confidence interval for the average value of net income given that sales are million. Write your answer using interval notation. Round your answer to 1 decimal place. Answer


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Solution:From outputRegression equation is net income=82.1+20.194saleswe need to predict when sales
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