Do H C Secure https:// aspx? homeworkld 4214945288 que onld 23&flushed; false&cl

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Do H C Secure https:// aspx? homeworkld 4214945288 que onld 23&flushed; false&cld; 44196358lback DoAssignments.aspx%3fview%3dhomework tr www.mathxl.com/Student/PlayerHomework 3 5/19/17 5:19 PM Homework: Week 8 Homework Save Score 0 of 1 pt HW Score: 91.77%, 22.94 of 25 pts 21 of 25 (24 complete 9.3.19 Question Help 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 666. The equation of the regression line is y 31,678x 17,567.036 410 463 685 491 494 305 73 75 187 L 151 Issues, x Proceeds, y 17,835 28.513 43.168 31.389 36.064 35.293 22.096 11.403 30.043 28,332 Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 666. Select the comect choice below and fill in the answer boxes to complete your choice. (Round to the nearest million dollars as needed.) O A. There is a 95% chance that the predicted proceeds given 666 issues is between and s O B. We can be 95% confident that when there are 666 issues, the proceeds will be between and Click to select and enter your answer(s) and then click Check Answer. All parts showing ear A 5.20 PM Type here to search 5/19/2017 R2

Explanation / Answer

The statistical software output for this problem is:

Predicted values:

Hence,

Option B; We can be 95% confident that when there are 666 issues, the proceeds will be between $ 19929 and    $ 57400

X value Pred. Y s.e.(Pred. y) 95% C.I. for mean 95% P.I. for new 666 38664.616 4218.3009 (28937.197, 48392.035) (19929.496, 57399.736)

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