is y = 46.040x + 18,517.81. Complete parts a and b. Issues, x 419 465 695 494 489 377 71 73 175 165 Proceeds, 17,813 29,049 43,539 30,101 65,970 65,883 20,464 10,035 32,148 27,771 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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 = 46.040x + 18,517.81. Complete parts a and b.
Issues, x
419
465
695
494
489
377
71
73
175
165
17,813 29,049 43,539 30,101 65,970 65,883 20,464 10,035 32,148 27,771
Proceeds,
ly
(a) Find the coefficient of determination and interpret the result.
(Round to three decimal places as needed.)
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 = 46.040x + 18,517.81. Complete parts a and b. Issues, x 419 465 695 494 489 377 71 73 175 165 17,813 29,049 43,539 30,101 65,970 65,883 20,464 10,035 32,148 27,771 Proceeds, ly (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)
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