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The number of initial public offerings of stock issued in a 10year period and the total proceeds ofthese offerings (in millions) are shown in the

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The number of initial public offerings of stock issued in a 10year period and the total proceeds ofthese offerings (in millions) are shown in the table. Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 584. The equation of the regression line is y = 33.156x+17,114.725. Issues, x 401 453 690 496 487 394 55 55 186 154 :I Proceeds,y 17,878 27,757 43,642 30,251 36,047 37,303 20,721 10,238 31,328 27,751 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 584. 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.) A. We can be 95% condent that when there are 584 issues, the proceeds will be between $|:| and $ .;_ :- B, There is a 95% chance that the predicted proceeds given 584 issues is between $ and $ 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. The equation of the regression line is y = 48.819x + 18, 198.05. Complete parts a and b. Issues, x 408 457 688 497 498 382 67 57 193 155 Proceeds, 17,637 29,319 44,053 32,213 66,487 67,218 21,743 10,959 30,517 27,916 (a) Find the coefficient of determination and interpret the result. 0 (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? O The coefficient of determination is the fraction of the variation in proceeds that can be explained by the variation in issues. The remaining fraction of the variation is unexplained and is due to other factors or to sampling error. O The coefficient of determination is the fraction of the variation in proceeds that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is explained by the variation in issues. (b) Find the standard error of estimate s. and interpret the result. 0 Round to three decimal places as needed.) How can the standard error of estimate be interpreted? O The standard error of estimate of the issues for a specific number of proceeds is about S. million dollars. The standard error of estimate of the proceeds for a specific number of issues is about se million dollars

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