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 =...

Extracted text: 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 = 45.840x + 19,363.23. Complete parts a and b. Issues, x 405 461 692 476 475 379 65 53 177 159 Proceeds, 18,738 27,625 43,995 30,706 66,824 66,483 22,277 12,416 30,024 27,740 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)