The number of in al public of n s of stock issued in a 10-year per d ard the tot

Question

The number of in al public of n s of stock issued in a 10-year per d ard the total proceeds of these one n milions are sho the table Construct and interpret a 95% s n when the number of issues is 652 The equation of the regression line isy-31 884x+ 17,759 653. 409 454 678 496 484 38373 65190 156 9 445 29 094 42 580 30.099 36 ,861 35 361 22 494 10,461 30 833 28 392 rediction i Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 652 Select the correct choice below and fillin 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) A. We can be 95% confident that when there are 652 issues, the proceeds wil be between Sands B. Therena 95% chance that the predicted proceeds geen 652muesis betweens lands]] click to select and enter your answer(s) and then click Check Answer Clear Al

Explanation / Answer

The statistical software output for this problem is:

Simple linear regression results:
Dependent Variable: y
Independent Variable: x
y = 17759.653 + 31.884142 x
Sample size: 10
R (correlation coefficient) = 0.71171044
R-sq = 0.50653175
Estimate of error standard deviation: 6878.419

Parameter estimates:

Analysis of variance table for regression model:

Predicted values:

Hence,

Option A; 20073; 57023

Parameter Estimate Std. Err. DF 95% L. Limit 95% U. Limit Intercept 17759.653 4352.1742 8 7723.5209 27795.784 Slope 31.884142 11.126434 8 6.2265387 57.541746

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