Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 658. 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 thenumber of issues is 658. The equation of the regression line is y = 31.866x + 17,927.912.Issues, xProceeds, y 17,824 28,754 43,991 32,141 35,148 36,793 20,407 12,449 30,892 29,161Rectan411458695 4904973835561183| 165 eConstruct and interpret a 95% prediction interval for the proceeds when the number of issues is 658.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" means3,120,000.)O A. We can be 95% confident that when there are 658 issues, the proceeds will be between Sand $O B. There is a 95% chance that the predicted proceeds given 658 issues is between $and $

Name: Construct and interpret a 95% prediction interval for the proceeds wh
Uploaded: 2024-03-20T06:46:03.000Z
Channel: Bartleby
Description: Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 658. 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 t