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: Company 1 2 3 4 5 6 7 8 Size (Smillions), x $9.0 94.4 27.3, 179.2 71.9 97.9 93.5 70.0 Price per Share ($), y $10.8 11.3 11.2 11.1 11.1 11.2 11.0 10.7 Company 9 10 11 12 13 14 15 Size ($millions), x $160.7 96.5 83.0 23.5 58.7 93.8 34.4. Price per Share ($), y $11.3 10.6 10.5 10.3 10.7 11.0 10.8

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Note:-

  • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
  • Answer completely.
  • You will get up vote for sure.
-S
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:
Company
1
2
3
4
5
6
7
8
Size
(Smillions), x
$9.0
94.4
27.3,
No
179.2
71.9
97.9
93.5
70.0
+
Price per Share
($), y
$10.8
11.3
11.2
11.1
11.1
11.2
11.0
10.7
X
Company
9
10
a. Determine the regression equation. (Round the final answers to 4 decimal places.)
11
12
13
14
15
Size
($millions), x
$160.7
96.5
83.0
23.5
58.7
93.8
34.4.
b=
a=
y =
b-1. Determine the coefficient of determination. (Round final answers to 4 decimal places.)
2 =
b-2. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable?
Price per Share
($), y
$11.3
10.6
10.5
10.3
10.7
11.0
10.8
Transcribed Image Text:-S 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: Company 1 2 3 4 5 6 7 8 Size (Smillions), x $9.0 94.4 27.3, No 179.2 71.9 97.9 93.5 70.0 + Price per Share ($), y $10.8 11.3 11.2 11.1 11.1 11.2 11.0 10.7 X Company 9 10 a. Determine the regression equation. (Round the final answers to 4 decimal places.) 11 12 13 14 15 Size ($millions), x $160.7 96.5 83.0 23.5 58.7 93.8 34.4. b= a= y = b-1. Determine the coefficient of determination. (Round final answers to 4 decimal places.) 2 = b-2. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable? Price per Share ($), y $11.3 10.6 10.5 10.3 10.7 11.0 10.8
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 6 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman