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Number of initial public offerings of stock issued in a 10 year period and the total proceeds of these offerings in a million are shown.
Number of initial public offerings of stock issued in a 10 year period and the total proceeds of these offerings in a million are shown. Construct a 95% prediction, number of issues is 656, equation of regression is y= 33.081x + 17,602.701.
Issues x | 416 | 458 | 691 | 481 | 485 | 392 | 68 | 58 | 188 | 173 |
Proceeds y | 18,586 | 29,241 | 44,348 | 31,552 | 35,135 | 37,112 | 22,290 | 11,122 | 30,491 | 28,986 |
A) ther is a 95% chance the predicated proceeds are given 656 issues is between $___ and $____
or
b) we can be 95% confident that when there are 656 issues the proceeds will be between $__. And $___
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