1. Greater than or less than? 9:44AAwww-awn.aleks.comO REGRESSION AND CORRELATIONPredictions from the least-squares regression lineSHA financial analyst is examining the relationship between stock pricesand earnings per share. She chooses fifteen publicly traded companiesat random and records for each the company's current stock price andthe company's earnings per share reported for the past 12 months. Herdata are given below, with x denoting the earnings per share from theprevious year, and y denoting the current stock price (both in dollars).Based on these data, she computes the least-squares regression line tobe î--0.021 + 0.039x. This line, along with a scatter plot of her data, is shown ain Figure 1.Earnings pershare, x(in dollars)Current stockprice, y(in dollars)30.620.8915.770.4740.141.8851.191.6125426.791.0618.540.7459.712.2620.780.7538.961.1634.971.4441.670.9842.691.435032.301.8158.492.74Figure 129.831.44Send data to ExcelBased on her data and her regression line, answer the following:1. Fill in the blank: For these data, current stock prices that aregreater than the mean of the current stock prices tend to be pairedwith values for earnings per share that are the mean of thevalues for earnings per share.Choose onein earninesdollars in current stock price?2. According to the regression equation, for an increase of one dollarings per share, there is a corresponding increase of how many L3. From the regression equation, what is the predicted current stockprice (in dollars) when the earnings per share is 34.97 dollars? (Round Uyour answer to at least two decimal places.)4. From the regression equation, what is the predicted current stockprice (in dollars) when the earnings per share is 57.34 dollars? (Round|your answer to at least two decimal places.)ExplanationCheck2021 M Errinn A Dinhte Deanun Terms of Use PrivaevE 回国

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Description: 1. Greater than or less than? 9:44AAwww-awn.aleks.comO REGRESSION AND CORRELATIONPredictions from the least-squares regression lineSHA financial analyst is examining the relationship between stock pricesand earnings per share. She chooses fifteen pub