The number of initial public offerings of stock issued in a 10-year period and the total proceeds of these offerings (in

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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 In 1 (29.08 KiB) Viewed 96 times

The number of initial public offerings of stock issued in a 10-year period and the total proceeds of these offerings (in millions) are shown in the table. Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 653. The equation of the regression line is y=32 983x + 17,488.978 Issues, x 424 472 697 480 494 378 61 54 199 173 Proceeds, y 19,907 28,791 44,449 31,096 36,535 35,506 22.059 11,838 30 278 27,628 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 653 Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest million dollars as needed. Type your answer in standard form where "3.12 million" means 3,120,000.) SOA. There is a 95% chance that the predicted proceeds given 653 issues is between 5 and $ OB. We can be 95% confident that when there are 653 issues, the proceeds will be between S and $ te me olu