The number of initial public offerings of stock issued in a 10-year period and the total proceeds of these offerings (inmillions) are shown in the table. The equation of the regression line is y = 47.109x+18,628.54. Complete parts a and b.455 679 499 496 378 6815758 20017,942|29,215 43,338 30,221 67,266 67,461 22,066 11,190 30,707| 27,569Issues, xProceeds,421y(a) Find the coefficient of determination and interpret the result.(Round to three decimal places as needed.)

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Answered: The number of initial public offerings…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 5PPS

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