The numbers of initial public offerings of stock issued and the total proceeds of these offerings (in
Question:
The numbers of initial public offerings of stock issued and the total proceeds of these offerings (in millions of dollars) for 12 years are shown in the table. The equation of the regression line is ŷ = 104.965x + 14,093.666.
Use the data to find
(a) The coefficient of determination r2 and interpret the result,
(b) The standard error of estimate se and interpret the result.
Transcribed Image Text:
Number of issues, r 316 485382 Proceeds, y Number of issues, 183 Proceeds, y 797067 34,314 64,906 64,876 34,241 22,136 10,068 168 162 1622143 31,927 28,593 30,648 35,762 22,762 13,307
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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