Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 612. 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 thenumber of issues is 612. The equation of the regression line is y = 33.596x + 17,451.251.Issues, xProceeds, y 19,709 29,791 43,962 30,612 37,454 36,474 20,222 11,102 30,100 29,482415470689495488 396 7152176153 eConstruct and interpret a 95% prediction interval for the proceeds when the number of issues is 612.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" means3,120,000.)O A. We can be 95% confident that when there are 612 issues, the proceeds will be between $and $O B. There is a 95% chance that the predicted proceeds given 612 issues is between $and $

Name: Construct and interpret a 95% prediction interval for the proceeds wh
Uploaded: 2024-03-20T06:46:03.000Z
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Description: Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 612. 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 t