Question: Could some one please show all the work. I am lost and am having a hard time grasping the order and concept. Thank you. The
Could some one please show all the work. I am lost and am having a hard time grasping the order and concept. Thank you.

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 = 47.918x + 18,217.15. Complete parts a and b. Issues, x 424 474 685 497 482 391 53 55 196 174 Proceeds," 19,627 27,696 43,715 31,792 67,321 66,325 20,338 10,562 31,658 27,544 (a) Find the coefficient of determination and interpret the result. 0.282 (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. 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. (b) Find the standard error of estimate s and interpret the result. (Round to three decimal places as needed.) 106%
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