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 615. The equation of the regression line is y = 32.452x + 17,790.584. 464 Issues, x 414 483 395 681 490 62 62 182 153 Proceeds, y 18,058 29,608 43,682 30,638 36,176 37,387 21,937 10,306 31,560 28,436 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 615. 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 615 issues, the proceeds will be between $ and $ and $ B. There is a 95% chance that the predicted proceeds given 615 issues is between $ on ns uest Que Quest Click to select and enter your answer(s). tv DEC Moch
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 615. The equation of the regression line is y = 32.452x + 17,790.584. 464 Issues, x 414 483 395 681 490 62 62 182 153 Proceeds, y 18,058 29,608 43,682 30,638 36,176 37,387 21,937 10,306 31,560 28,436 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 615. 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 615 issues, the proceeds will be between $ and $ and $ B. There is a 95% chance that the predicted proceeds given 615 issues is between $ on ns uest Que Quest Click to select and enter your answer(s). tv DEC Moch
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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