The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration. GPA Monthly Salary ($)
2.6 3,500
3.4 3,800
3.6 4,200
3.1 3,700
3.4 4,200
3.1 2,500

The estimated regression equation for these data is = 2090.5 + 581.1x and MSE = 21,284.
Required:
a. Develop a point estimate of the starting salary for a student with a GPA of 3.0
b. Develop a 95% confidence interval for the mean starting salary for all students with a 3.0 GPA (to 2 decimals).
c. Develop a 95% prediction interval for Ryan Dailey, a student with a GPA of 3.0 (to 2 decimals).