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 y = 47.018x+ 18,440.06. Complete parts a and b. 150 183 56 69 397 478 500 686 Issues, x Proceeds, 19,915 29,368 43,272 30,252 65,200 66,431 20,344 10,189 32,069 473 415 27,552 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The coefficient of determination is the fraction of the variation in proceeds that can be explained by the variation in issues. The remaining fraction of the variation is unexplained and is due to other factors or to sampling error. Lion O The coefficient of determination is the fraction of the variation in proceeds that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is explained by the variation in issues. ons (b) Find the standard error of estimate s, and interpret the result. Quest ed Que (Round to three decimal places as needed.) Que How can the standard error of estimate be interpreted? d Quest million dollars. O The standard error of estimate of the proceeds for a specific number of issues is about s. Click to select your answer(s). tv DEC MacBook Pl 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 y = 47.018x + 18,440.06. Complete parts a and b. %3D 150 183 56 69 478 397 Issues, x Proceeds, 19,915|29,368|43,272 30,252 65,200 66,431 20,344 10,189 32,069 ly 500 686 473 415 27,552 (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? this 12 The coefficient of determination is the fraction of the variation in proceeds that can be explained by the variation in issues. The remaining fraction of the variation is unexplained and is due to other factors or to sampling error. O The coefficient of determination is the fraction of the variation in proceeds that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is explained by the variation in issues. stion (b) Find the standard error of estimate S, and interpret the result. tions g Quest (Round to three decimal places as needed.) How can the standard error of estimate be interpreted? red Quel Se The standard error of estimate of the proceeds for a specific number of issues is about s, million dollars. zed Quest The standard error of estimate of the issues for a specific number of proceeds is about s, million dollars. Click to select your answer(s). tv DEC MacBook Pr DII F11 F10 F8