relationship between the size of the offering and the price per share.
Shah Rukh Khan 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 |
Size ($ millions), X |
Price per Share, Y |
|
1 |
9.0 |
10.8 |
|
2 |
94.4 |
11.3 |
|
3 |
27.3 |
11.2 |
|
4 |
179.2 |
11.1 |
|
5 |
71.9 |
11.1 |
|
6 |
97.9 |
11.2 |
|
7 |
93.5 |
11.0 |
|
8 |
70.0 |
10.7 |
|
9 |
160.7 |
11.3 |
|
10 |
96.5 |
10.6 |
|
11 |
83.0 |
10.5 |
|
12 |
23.5 |
10.3 |
|
13 |
58.7 |
10.7 |
|
14 |
93.8 |
11.0 |
|
15 |
34.4 |
10.8 |
Is the relationship between the size of the offering and the price per share significant, if the level of significance is 2.5%? What is the coefficient of determination?
The coefficient of determination is_________ ; The relationship between the size of the offering and the price per share is
For coefficient of determination, leave your answer in 3 decimal places. For the relationship questions, write significant or not significant
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