Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 602. 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 andinterpret a 95% prediction interval for the proceeds when the number of issues is 602. The equation of the regression line is y = 33.481x + 17,073.355.Issues, xProceeds, y68774199169 e18,065 29,450 43,070 30,672 37,118 35,408 21,529| 10,249 30,894 28,983416 458490479 39856Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 602.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 602 issues is between Sand $O B. We can be 95% confident that when there are 602 issues, the proceeds will be 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 602. 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