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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 millions) are shown
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 652. The equation of the regression line is y = 30.395x+17,946.565. Issues, x 413 457 699 491 498 393 70 68 194 172 Proceeds, y 17,824 27,628 43,091 30,529 36,067 35,027 22,253 11,332 31,041 29,687 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 652. 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.) OA. There is a 95% chance that the predicted proceeds given 652 issues is between $ and $ OB. We can be 95% confident that when there are 652 issues, the proceeds will be between $ and $
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