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=46.796x+18,961.97. Issues, x 61 67 178 161 424 469 677 498 479 381 Proceeds, y 19,734 27,704 44,835 30,935 66,313 67,362 20,452 11,236 32,301 27,619 Question Viewer (a) Use excel to find the coefficient of determination (r^2 value). You can click the icon above to copy the data directly into excel. (Round to three decimal places as needed.) Does this line represent the equation well? No Yes
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=46.796x+18,961.97. Issues, x 61 67 178 161 424 469 677 498 479 381 Proceeds, y 19,734 27,704 44,835 30,935 66,313 67,362 20,452 11,236 32,301 27,619 Question Viewer (a) Use excel to find the coefficient of determination (r^2 value). You can click the icon above to copy the data directly into excel. (Round to three decimal places as needed.) Does this line represent the equation well? No Yes
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 4SGR
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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=46.796x+18,961.97.
61
67
178
161
Issues, x 424 469 677 498 479 381
Proceeds, y 19,734 27,704 44,835 30,935 66,313 67,362 20,452 11,236 32,301 27,619
Question Viewer
(a) Use excel to find the coefficient of determination (r^2 value).
You can click the icon above to copy the data directly into excel.
(Round to three decimal places as needed.)
Does this line represent the equation well?
O
No
Yes
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