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 ŷ = 48.372x+18,376.0 Complete parts a and b. Issues, x 406 471 676 500 479 394 67 68 198 152 Proceeds, 19,107 29,653 44,623 30,769 65,625 66,876 21,238 12,261 30,947 27,659 y (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
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
None
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 ŷ = 48.372x+18,376.05.
Complete parts a and b.
Issues, x 406 471 676 500 479 394 67 68 198 152
Proceeds, 19,107 29,653 44,623 30,769 65,625 66,876 21,238 12,261 30,947 27,659
y
(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 ŷ = 48.372x+18,376.05. Complete parts a and b. Issues, x 406 471 676 500 479 394 67 68 198 152 Proceeds, 19,107 29,653 44,623 30,769 65,625 66,876 21,238 12,261 30,947 27,659 y (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 31 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman