The number of initial public offerings of stock issued in a? 10-year period and the total...

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The number of initial public offerings of stock issued in a?10-year period and the total proceeds of these offerings? (inmillions) are shown in the table. Construct and interpret a? 95%prediction interval for the proceeds when the number of issuesis
585.
The equation of the regression line is
ModifyingAbove y with caret equals 33.634 x plus 17 comma224.539y=33.634x+17,224.539.
?Issues, x
404
453
679
483
479
394
50
73
175
175
?Proceeds, y
19,308
29,108
43,643
31,033
35,712
35,665
21,501
10,090
31,384
27,981
Construct and interpret a? 95% prediction interval for theproceeds when the number of issues is
585.
Select the correct choice below and fill in the answer boxes tocomplete your choice.
?(Round to the nearest million dollars as needed. Type youranswer in standard form where? "3.12 million" means?3,120,000.)
A.We can be? 95% confident that when there are 585 issues, theproceeds will be between $ and ?$.
B.There is a? 95% chance that the predicted proceeds given 585issues is between ?$ and ?$.

?Issues, x	404	453	679	483	479	394	50	73	175	175
?Proceeds, y	19,308	29,108	43,643	31,033	35,712	35,665	21,501	10,090	31,384	27,981

Answer & Explanation Solved by verified expert

3.8 Ratings (714 Votes)

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