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 is 565. The equation of the regression line is y = 35.745x + 16,479.678. Issues, x 676 423 459 484 485 389 70 72 195 175 Proceeds, y 17,660 29,329 44,220 32,135 37,347 36,374 20,014 11,522 30,478 28,253 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 565. 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. There is a 95% chance that the predicted proceeds given 565 issues is between $ and $ O B. We can be 95% confident that when there are 565 issues, the proceeds will be between $ and $

MATLAB: An Introduction with Applications
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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. Construct and interpret a 95%
prediction interval for the proceeds when the number of issues is 565. The equation of the regression line is y = 35.745x + 16,479.678.
Issues, x
423 459
676 484 485
389
70
72
195
175
Proceeds, y
17,660 29,329 44,220 32,135 37,347 36,374 20,014 11,522 30,478 28,253
C
Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 565.
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.)
OA. There is a 95% chance that the predicted proceeds given 565 issues is between $ and $
OB. We can be 95% confident that when there are 565 issues, the proceeds will be between $ and $
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. Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 565. The equation of the regression line is y = 35.745x + 16,479.678. Issues, x 423 459 676 484 485 389 70 72 195 175 Proceeds, y 17,660 29,329 44,220 32,135 37,347 36,374 20,014 11,522 30,478 28,253 C Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 565. 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.) OA. There is a 95% chance that the predicted proceeds given 565 issues is between $ and $ OB. We can be 95% confident that when there are 565 issues, the proceeds will be between $ and $
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