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The money raised and spent​ (both in millions of​ dollars) by all congressional campaigns for 8...

The money raised and spent​ (both in millions of​ dollars) by all congressional campaigns for 8 recent​ 2-year periods are shown in the table. The equation of the regression line is

ModifyingAbove y with caret equals 0.936 x plus 37.866y=0.936x+37.866.

Complete parts a and b.

Money​ raised, x

452.2452.2

658.8658.8

733.5733.5

777.7777.7

778.7778.7

1028.21028.2

974.6974.6

1219.41219.4

Money​ spent, y

427.3427.3

689.4689.4

747.7747.7

771.5771.5

744.9744.9

1014.41014.4

947.6947.6

1159.11159.1

​(a) Find the coefficient of determination and interpret the result.

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