The data on y = annual sales ($1,000s) for new customer accounts and x = number of years of experience for a sample of 10 salespersons provided the estimated regression equation ŷ = 80 + 4x. For these data, x = 7, Σ(xi − x)2 = 142, and s = 4.6098. (a) Develop a 95% confidence interval for the mean annual sales (in thousands of dollars) for all salespersons with twelve years of experience. (Round your answers to two decimal places.) $ thousand to $ thousand (b) The company is considering hiring Tom Smart, a salesperson with twelve years of experience. Develop a 95% prediction interval of annual sales (in thousands of dollars) for Tom Smart. (Round your answers to two decimal places.) $ thousand to $ thousand

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