The numbers of initial public offerings of stock issued and the total proceeds of these offerings (in
Question:
The numbers of initial public offerings of stock issued and the total proceeds of these offerings (in millions of dollars) for 12 years are shown in the table. The equation of the regression line is ŷ = 104.965x + 14,093.666.
Use the data to find
(a) The coefficient of determination r2 and interpret the result,
(b) The standard error of estimate se and interpret the result.
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a About 798 of the variation in proceeds can be explained by ...View the full answer
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Related Book For 
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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