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=47.538x+18,727.65. Complete parts a and b. Issues, x Proceeds, y 423         18,632 460       27,913 687       44,071 485       32,435 500       66,634 389       66,734 57       22,180 65       11,296 188       31,929 163       27,891   (a) Find the coefficient of determination and interpret the result. How can the coefficient of determination be​ interpreted?   (b) Find the standard error of estimate se and interpret the result.   How can the standard error of estimate be​ interpreted?

Provide an example of a research project in your hometown where you would choose to use linear regression. What variable would be your Y-score, and what variable would be your X-score? What does a regression line represent? What is the standard error of estimate?

The table shows the total square footage (in billions) of retailing space at shopping centers and their sales (in billions of dollars) for 10 years. The equation of the regression line is y = 516.388x - 1699.161. Complete parts a and b. Total Square Footage, X Sales, y 4.9 5.1 5.2 5.4 5.6 5.7 ********** (a) Find the coefficient of determination and interpret the result. 5.9 5.8 (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? 5.9 883.3 937.6 986.3 1059.5 1107.2 1200.9 1281.1 1340.8 1438.2 1536. 6.2 OA. The coefficient of determination is the fraction of the variation in sales that can be explained by the variation in total square footage. The remaining fraction of the variation is unexplained and is due to other factors or to sampling error. OB. The coefficient of determination is the fraction of the variation in sales that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is…

The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c Click the icon to view the monthly data. a. Develop a simple linear regression model between billable hours and overhead costs. Overhead Costs = 247733.3 +(43.2000) x Billable Hours (Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the $ symbol in your answers.) b. Interpret the coefficients of your regression model. Specifically, what does the fixed component of the model mean to the consulting firm? Interpret the fixed term, bo. if appropriate. Choose the correct answer below. OA. The value of by is the predicted overhead costs for 0 billable hours. OB. For each increase of 1 unit in overhead costs, the predicted billable hours are estimated to increase by bo OC. It is not appropriate to interpret by. because its value is the predicted…

The table below shows the average weekly wages​ (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 99​% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is ​$925. The equation of the regression line is

The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 95% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $895. The equation of the regression line is y = 1.454x- 36.984. Wages (state), x Wages (federal), y 712 778 789 801 843 878 927 937 939 958 1,014 1,054 1,116 1,146 1,191 1,248 1,270 1,302 1,335 1,401 Construct and interpret a 95% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $895. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 95% confident that when the average weekly wages of state government employees is $895, the average weekly wages of federal government employees will be between $ and…

Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is 658.

Use B = -15.812961, and ₁ = 0.096300 to determine the equation of the estimated regression line. (Round your numerical answers to four decimal places.) ŷ =

For 39 nations, a correlation of 0.887 was found between y = Internet use (%) and x = gross domestic product (GDP, in thousands of dollars per capita). The regression equation is y = -3.68 + 1.73x. Complete parts (a) through (c). a. Based on the correlation value, the slope had to be positive. Why? A. The slope and correlation are positive because gross domestic product could not be negative. B. The correlation and the slope are positive because the y-intercept is negative. C. That is a very unusual fact, because the slope and correlation usually have different signs. D. Although slope and correlation usually have different values, they always have the same sign.

Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is 602.