The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEOS) and the company's stock performance. Use the data to complete parts (a) through (d). E Click the icon to view the data table. (a) Treating compensation as the explanatory variable, x, use technology to determine the estimates of Bo and B,- The estimate of B, is (Round to three decimal places as needed.) Data Table of Compensation and Stock Performante Compensation Company (millions of dollars) Return (%) O Stock A 14.71 75.73 В 4.02 64.29 C 6.55 141.81 D 1.32 30.73 1.73 10.75 2.43 29.05 12.26 0.56 7.07 66.32 9.51 56.31 J 3.83 58.48 K 21.29 21.52 6.63 31.85 Print Done
The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEOS) and the company's stock performance. Use the data to complete parts (a) through (d). E Click the icon to view the data table. (a) Treating compensation as the explanatory variable, x, use technology to determine the estimates of Bo and B,- The estimate of B, is (Round to three decimal places as needed.) Data Table of Compensation and Stock Performante Compensation Company (millions of dollars) Return (%) O Stock A 14.71 75.73 В 4.02 64.29 C 6.55 141.81 D 1.32 30.73 1.73 10.75 2.43 29.05 12.26 0.56 7.07 66.32 9.51 56.31 J 3.83 58.48 K 21.29 21.52 6.63 31.85 Print Done
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEOS) and the company's stock
performance. Use the data to complete parts (a) through (d).
E Click the icon to view the data table.
(a) Treating compensation as the explanatory variable, x, use technology to determine the estimates of Bo and B,-
The estimate of B, is
(Round to three decimal places as needed.)
Data Table of Compensation and Stock Performante
Compensation
Company (millions of dollars) Return (%) O
Stock
A
14.71
75.73
В
4.02
64.29
C
6.55
141.81
D
1.32
30.73
1.73
10.75
2.43
29.05
12.26
0.56
7.07
66.32
9.51
56.31
J
3.83
58.48
K
21.29
21.52
6.63
31.85
Print
Done
Expert Solution
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Step 1
The regression analysis is a statistical procedure that allow us to find the linear association between the dependent variable/ outcome variable and one or more independent variables /predictor variables. When there lies linear relationship between the variables, regression analysis will allow us to compute the value of outcome variable using the provided information of predictor variables.
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