Question:
For 1995 through the first half of 2009, PricewaterhouseCoopers and the National Venture Capital Association reported quarterly venture capital investments (trillions of dollars) and the number of investment deals as shown in data file XR17060. Generate a scatter diagram with the number of deals as the independent variable, then apply an appropriate polynomial model to fit the data. Does there appear to be any relationship between the variables? How much of the variation in quarterly venture capital investments is explained by the model?
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