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 579. The equation of the regression line is y = 32.535x + 17,848.488. Issues, x Proceeds, y 164 0 19,042 29,251 42,843 32,373 35,439 37,375 20,966 10,379 32,341 29,063 401 457 697 493 492 388 56 63 188 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 579. 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.) O A. We can be 95% confident that when there are 579 issues, the proceeds will be between $ and $. O B. There is a 95% chance that the predicted proceeds given 579 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. Construct and interpret a 95% prediction interval for the proceeds when the number of issues 579. The equation of the regression line is y = 32.535x + 17,848.488. Issues, x Proceeds, y 164 0 19,042 29,251 42,843 32,373 35,439 37,375 20,966 10,379 32,341 29,063 401 457 697 493 492 388 56 63 188 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 579. 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.) O A. We can be 95% confident that when there are 579 issues, the proceeds will be between $ and $. O B. There is a 95% chance that the predicted proceeds given 579 issues is between $ and $
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 10T: Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s...
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