MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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. Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is 569.The equation of the regression line is y=32.409x+17,285.501.
                                      
​Issues, x
410
467
679
499
497
394
62
53
189
174
 
​Proceeds, y
18,223
28,066
43,757
31,337
35,488
35,312
22,180
10,660
30,384
28,416
Construct and interpret a​ 95% prediction interval for the proceeds when the number of issues is 569.
 
Select the correct choice below and fill in the answer boxes to complete your choice.
​(Round to the nearest million dollars as needed. Type your answer in standard form where​ "3.12 million" means​ 3,120,000.)
 
A. There is a​ 95% chance that the predicted proceeds given 569
issues is between $____ and $____.
 
B. We can be​ 95% confident that when there are 569 ​issues, the proceeds will be between $____ and ​$____.
 
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