Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share. A sample of 15 companies that recently went public revealed the following information a. Determine the regression equation. b. Conduct a test to determine whether the slope of the regression line is positive. c. Determine the coefficient of determination. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable?
Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share. A sample of 15 companies that recently went public revealed the following information a. Determine the regression equation. b. Conduct a test to determine whether the slope of the regression line is positive. c. Determine the coefficient of determination. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share.
A sample of 15 companies that recently went public revealed the following information
a. Determine the regression equation.
b. Conduct a test to determine whether the slope of the regression line is positive.
c. Determine the coefficient of determination. Do you think Mr. Profit should be satisfied
with using the size of the offering as the independent variable?
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