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The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation

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The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is y = 0.986x + 1,223.65. Complete parts (a) and (b) below. New-vehicle sales (Company A), x 4,149 3,895 3,572 3,425 3,270 3,075 2,826 2,517 1,965 2,078 New-vehicle sales (Company B), y 4,888 4,864 4,807 4,701 4,639 4,468 4,687 3,849 2,925 2,763 (a) Find the coefficient of determination and Interpret the result. 2 =0 (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The coefficient of determination is the fraction of the variation in new-vehicle sales for Company B that can be explained by the variation in new-vehicle sales for Company A and is represented by . The remaining fraction of the variation, 1- is unexplained and is due to other factors or to sampling error. (b) Find the standard error of estimate s. and interpret the result. s. = (Round to three decimal places as needed.) How can the standard error of estimate be interpreted? The standard error of estimate of the new-vehicle sales for | Company B for any number of new-vehicle sales for Company A is about s. new vehicles. Enter your answer in each of the answer boxes

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