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 563. The equation of the regression line is y = 31.554x + 18,074.624. Issues, x 405 458 690 482 492 389 53 53 190 156 Proceeds, y 17,788 28,282 43,709 30,030 36,947 36,625 22,282 10,561 31,747 29,048 ... Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 563. 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. We can be 95% confident that when there are 563 issues, the proceeds will be between $ OB. There is a 95% chance that the predicted proceeds given 563 issues is between $ and $ and S

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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 563. The equation of the regression line is y = 31.554x + 18,074.624.
405 458 690 482 492 389 53
53
156
Proceeds, y 17,788 28,282 43,709 30,030 36,947 36,625 22,282 10,561 31,747 29,048
Issues, x
190
Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 563.
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 563 issues, the proceeds will be between $
OB. There is a 95% chance that the predicted proceeds given 563 issues is between $ and $
and $
Ir
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 563. The equation of the regression line is y = 31.554x + 18,074.624. 405 458 690 482 492 389 53 53 156 Proceeds, y 17,788 28,282 43,709 30,030 36,947 36,625 22,282 10,561 31,747 29,048 Issues, x 190 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 563. 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 563 issues, the proceeds will be between $ OB. There is a 95% chance that the predicted proceeds given 563 issues is between $ and $ and $ Ir
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