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 = 47.952x + 18,603.01. Complete parts a and b. Issues, x 413 452 676 490 479 375 58 72 194 163 Proceeds, 19,584 27,682 44,383 31,386 66,228 67,124 22,356 10,874 30,231 27,876 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. (Round to three decimal places as needed.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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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 in the table. The equation of the
regression line is y = 47.952x + 18,603.01. Complete parts a and b.
Issues, x
413
452
676
490
479
375
58
72
194
163
Proceeds, 19,584 27,682| 44,383 31,386 66,228 67,124 22,356 10,874 30,231 27,876
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.
(Round to three decimal places as needed.)
Enter your answer in the answer box and then click Check Answer.
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Transcribed Image Text: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 = 47.952x + 18,603.01. Complete parts a and b. Issues, x 413 452 676 490 479 375 58 72 194 163 Proceeds, 19,584 27,682| 44,383 31,386 66,228 67,124 22,356 10,874 30,231 27,876 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. (Round to three decimal places as needed.) Enter your answer in the answer box and then click Check Answer. Check Answer 1 part remaining Clear All UrolPrivany PolicyCopyright 2021 Pearson Education Inc. All Rights Reserved.
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