不 Part 3 of 4 Points: 0.25 of 1 The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEO) and the company's stock performance in 2017. Complete parts (a) through (d) below Click the icon to view the CEO data (a) One would think that a higher stock return would lead to a higher compensation. Based on this, what would likely be the explanatory variable? Compensation Stock return (b) Draw a scatter diagram of the data. Choose the correct graph below. CEO Pay (millions) 30- Q a -20 60 B. Stock Return (%) (c) Determine the linear correlation coefficient between compensation and stock return. (Round to three decimal places as needed.) CEO Data Company CEO Pay (millions) Return (%) FASTENAL CO 2 20 HEWLETT PACKARD ENTERPRISE CO 17.1 5.7 AMERICAN ELECTRIC POWER CO INC 11.5 21 PFIZER INC 27.9 16 UDR, INC. 78 9.1 CEO Pay (milons) DAVITA INC 15.3 13 TE CONNECTIVITY LTD. HARLEY DAVIDSON INC DEVON ENERGY CORP 10.4 32 11.1 -10 13.4 -8.8 ENTERGY CORP 13.2 16 UNION PACIFIC CORP 13.8 32 STANLEY BLACK AND DECKER, INC. 16.2 50 Print Done

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
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不
Part 3 of 4
Points: 0.25 of 1
The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEO) and the company's stock performance in 2017. Complete parts (a) through (d) below
Click the icon to view the CEO data
(a) One would think that a higher stock return would lead to a higher compensation. Based on this, what would likely be the explanatory variable?
Compensation
Stock return
(b) Draw a scatter diagram of the data. Choose the correct graph below.
CEO Pay (millions)
30-
Q
a
-20
60
B.
Stock Return (%)
(c) Determine the linear correlation coefficient between compensation and stock return.
(Round to three decimal places as needed.)
CEO Data
Company
CEO Pay
(millions)
Return
(%)
FASTENAL CO
2
20
HEWLETT PACKARD ENTERPRISE CO
17.1
5.7
AMERICAN ELECTRIC POWER CO INC
11.5
21
PFIZER INC
27.9
16
UDR, INC.
78
9.1
CEO Pay (milons)
DAVITA INC
15.3
13
TE CONNECTIVITY LTD.
HARLEY DAVIDSON INC
DEVON ENERGY CORP
10.4
32
11.1
-10
13.4
-8.8
ENTERGY CORP
13.2
16
UNION PACIFIC CORP
13.8
32
STANLEY BLACK AND DECKER, INC.
16.2
50
Print
Done
Transcribed Image Text:不 Part 3 of 4 Points: 0.25 of 1 The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEO) and the company's stock performance in 2017. Complete parts (a) through (d) below Click the icon to view the CEO data (a) One would think that a higher stock return would lead to a higher compensation. Based on this, what would likely be the explanatory variable? Compensation Stock return (b) Draw a scatter diagram of the data. Choose the correct graph below. CEO Pay (millions) 30- Q a -20 60 B. Stock Return (%) (c) Determine the linear correlation coefficient between compensation and stock return. (Round to three decimal places as needed.) CEO Data Company CEO Pay (millions) Return (%) FASTENAL CO 2 20 HEWLETT PACKARD ENTERPRISE CO 17.1 5.7 AMERICAN ELECTRIC POWER CO INC 11.5 21 PFIZER INC 27.9 16 UDR, INC. 78 9.1 CEO Pay (milons) DAVITA INC 15.3 13 TE CONNECTIVITY LTD. HARLEY DAVIDSON INC DEVON ENERGY CORP 10.4 32 11.1 -10 13.4 -8.8 ENTERGY CORP 13.2 16 UNION PACIFIC CORP 13.8 32 STANLEY BLACK AND DECKER, INC. 16.2 50 Print Done
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