Use the Financial database from “Excel Databases.xls” on Blackboard. Use Total Revenues, Total Assets, Return on Equity, Earnings Per Share, Average Yield, and Dividends Per Share to predict the average P/E ratio for a company. Use Excel to perform a forward selection regression analysis. Assume a 5% level of significance. Based on your final model, what is the p-value from the test of the overall model? Write your answer as a number and round to 3 decimal
Use the Financial database from “Excel Databases.xls” on Blackboard. Use Total Revenues, Total Assets, Return on Equity, Earnings Per Share, Average Yield, and Dividends Per Share to predict the average P/E ratio for a company. Use Excel to perform a forward selection regression analysis. Assume a 5% level of significance. Based on your final model, what is the p-value from the test of the overall model? Write your answer as a number and round to 3 decimal
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Use the Financial database from “Excel Databases.xls” on Blackboard. Use Total Revenues, Total Assets, Return on Equity, Earnings Per Share, Average Yield, and Dividends Per Share to predict the average P/E ratio for a company. Use Excel to perform a forward selection
| Company | Type | Total Revenues | Total Assets | Return on Equity | Earnings per Share | Average Yield | Dividends per Share | Average P/E Ratio |
| AFLAC | 6 | 7251 | 29454 | 17.1 | 2.08 | 0.9 | 0.22 | 11.5 |
| Albertson's | 4 | 14690 | 5219 | 21.4 | 2.08 | 1.6 | 0.63 | 19 |
| Allstate | 6 | 20106 | 80918 | 20.1 | 3.56 | 1 | 0.36 | 10.6 |
| Amerada Hess | 7 | 8340 | 7935 | 0.2 | 0.08 | 1.1 | 0.6 | 698.3 |
| American General | 6 | 3362 | 80620 | 7.1 | 2.19 | 3 | 1.4 | 21.2 |
| American Stores | 4 | 19139 | 8536 | 12.2 | 1.01 | 1.4 | 0.34 | 23.5 |
| Amoco | 7 | 36287 | 32489 | 16.7 | 2.76 | 3.1 | 1.4 | 16.1 |
| Arco Chemical | 2 | 3995 | 4116 | 6.2 | 1.14 | 6.1 | 2.8 | 40.4 |
| Ashland | 7 | 14319 | 7777 | 9.5 | 3.8 | 2.3 | 1.1 | 12.4 |
| Atlantic Richfield | 7 | 19272 | 25322 | 21.8 | 5.41 | 3.8 | 2.83 | 3.8 |
| Bausch & Lomb | 5 | 1916 | 2773 | 6 | 0.89 | 2.6 | 1.04 | 2.6 |
| Baxter International | 5 | 6138 | 8707 | 11.5 | 1.06 | 2.3 | 1.13 | 47.2 |
| Bristol-Myers Squibb | 5 | 16701 | 14977 | 44.4 | 3.14 | 2 | 1.52 | 24.1 |
| Burlington Coat | 1 | 1777 | 775 | 12.3 | 1.18 | 0.1 | 0.02 | 12.9 |
| Central Maine Power | 3 | 954 | 2299 | 2.4 | 0.16 | 7.8 | 0.9 | 79.6 |
| Chevron | 7 | 41950 | 35473 | 18.6 | 4.95 | 3 | 2.28 | 15.2 |
| CIGNA | 6 | 14935 | 108199 | 13.7 | 4.88 | 2 | 1.1 | 11.4 |
| Cinergy | 3 | 4353 | 8858 | 13.3 | 1.59 | 5.1 | 1.8 | 22.4 |
| Dayton Hudson | 1 | 27757 | 14191 | 18 | 1.7 | 1.2 | 0.33 | 16.2 |
| Dillard's | 1 | 6817 | 5592 | 9.2 | 2.31 | 0.4 | 0.16 | 15.7 |
| Dominion Resources | 3 | 7678 | 20193 | 7.9 | 2.15 | 6.8 | 2.58 | 17.7 |
| Dow Chemical | 2 | 20018 | 24040 | 23.6 | 7.7 | 3.6 | 3.24 | 11.6 |
| DPL | 3 | 1356 | 3585 | 13.9 | 1.2 | 5.3 | 0.91 | 14.3 |
| E. I. DuPont DeNemours | 2 | 46653 | 42942 | 21.3 | 2.08 | 2.1 | 1.23 | 27.9 |
| Eastman Chemical | 2 | 4678 | 5778 | 16.3 | 3.63 | 3 | 1.76 | 16 |
| Edison International | 3 | 9235 | 25101 | 12.3 | 1.73 | 4.2 | 1 | 13.6 |
| Engelhard | 2 | 3631 | 2586 | 6.1 | 0.33 | 1.9 | 0.38 | 61.8 |
| Entergy | 3 | 9562 | 27001 | 4.2 | 1.03 | 6.9 | 1.8 | 25.4 |
| Equitable | 6 | 9666 | 151438 | 12.3 | 2.86 | 0.5 | 0.2 | 13.4 |
| Ethyl | 7 | 1064 | 1067 | 53.6 | 0.71 | 5.6 | 0.5 | 12.6 |
| Exxon | 7 | 137242 | 96064 | 19.4 | 3.37 | 2.8 | 1.63 | 17.1 |
| FPL Group | 3 | 6369 | 12449 | 12.2 | 3.57 | 3.7 | 1.92 | 14.4 |
| The GAP | 1 | 6508 | 3338 | 33.7 | 1.3 | 0.7 | 0.2 | 22 |
| Georgia Gulf | 2 | 966 | 613 | 228 | 2.39 | 1.1 | 0.32 | 11.8 |
| GIANT Food | 4 | 4231 | 1522 | 7.9 | 1.18 | 2.4 | 0.78 | 26.9 |
| A & P | 4 | 10262 | 2995 | 6.9 | 1.66 | 1.2 | 0.35 | 17.8 |
| Great Lakes Chemicals | 2 | 1311 | 2270 | 5.5 | 1.19 | 1.3 | 0.62 | 40.5 |
| Green Mountain Power Company | 3 | 179 | 326 | 8.3 | 1.57 | 7.3 | 1.61 | 14 |
| Hannaford Bros. | 4 | 3226 | 1227 | 9.9 | 1.4 | 1.5 | 0.54 | 26.6 |
| Hercules | 2 | 1866 | 2411 | 47 | 3.18 | 2.2 | 1 | 14.5 |
| Houston Industries | 3 | 6873 | 18415 | 8 | 1.66 | 6.6 | 1.5 | 13.7 |
| Jefferson-Pilot | 6 | 2578 | 23131 | 14.5 | 3.47 | 2.3 | 1.04 | 13.3 |
| Johnson & Johnson | 5 | 22629 | 21453 | 26.7 | 2.41 | 1.5 | 0.85 | 24.1 |
| Liberty | 6 | 660 | 3185 | 11.1 | 3.34 | 1.8 | 0.77 | 12.7 |
| The Limited | 1 | 9189 | 4301 | 10.6 | 0.79 | 2.3 | 0.48 | 26.7 |
| Lincoln National | 6 | 4899 | 77175 | 0.4 | 0.21 | 3.1 | 1.96 | 300.2 |
| Lubrizol | 2 | 1674 | 1462 | 19 | 2.66 | 2.6 | 1.01 | 14.5 |
| Lyondell Petrochemical | 7 | 3010 | 1559 | 46.2 | 3.58 | 3.9 | 0.9 | 6.4 |
| Mallinkrodt | 5 | 1868 | 2988 | 14.8 | 2.47 | 1.7 | 0.66 | 16 |
| May Department Stores | 1 | 12685 | 9930 | 20.5 | 3.11 | 2.4 | 1.2 | 16.2 |
| McKesson | 5 | 20857 | 5608 | 11 | 1.59 | 1.2 | 0.5 | 26 |
| Mercantile Stores | 1 | 3144 | 2178 | 7.9 | 3.53 | 2.1 | 1.19 | 16.3 |
| Merck | 5 | 23637 | 25812 | 36.6 | 3.74 | 1.7 | 1.69 | 26.6 |
| Millennium Chemicals | 2 | 3048 | 4326 | 12.6 | 2.47 | 2.9 | 0.6 | 8.3 |
| Mobil | 7 | 65906 | 43559 | 16.8 | 4.01 | 3.1 | 2.12 | 17.2 |
| Monsanto | 2 | 7514 | 10774 | 7.2 | 0.48 | 1.1 | 0.5 | 90.7 |
| Morton | 2 | 2388 | 2805 | 12.3 | 1.48 | 1 | 0.36 | 25.2 |
| Murphy Oil | 7 | 2138 | 2238 | 12.3 | 2.94 | 2.6 | 1.35 | 18 |
| Mylan Laboratories | 5 | 555 | 848 | 13.5 | 0.82 | 0.9 | 0.16 | 22.4 |
| NALCO Chemical | 2 | 1434 | 1441 | 25 | 2.1 | 2.6 | 1 | 18.3 |
| Nevada Power | 3 | 799 | 2339 | 10.1 | 1.65 | 6.8 | 1.6 | 14.2 |
| NIPSCO | 3 | 2587 | 4937 | 14.1 | 1.53 | 4.1 | 0.9 | 14.4 |
| Olin | 2 | 2410 | 1946 | 17.4 | 3 | 2.8 | 1.2 | 14.5 |
| Orion Capital | 6 | 1591 | 3884 | 16 | 4.15 | 1.5 | 0.6 | 9.8 |
| Owens & Minor | 5 | 3117 | 713 | 9.4 | 0.6 | 1.4 | 0.18 | 21.7 |
| Pacific Corporation | 3 | 6278 | 13880 | 5.2 | 0.68 | 4.6 | 1.08 | 34.2 |
| J. C. Penney | 1 | 30546 | 23493 | 7.7 | 2.1 | 3.8 | 2.13 | 26.9 |
| Pennzoil | 7 | 2654 | 4406 | 15.8 | 3.76 | 1.6 | 1 | 17.1 |
| Pfizer | 5 | 12504 | 15336 | 27.9 | 1.7 | 1.1 | 0.68 | 35.4 |
| Pharmacia & Upjohn | 5 | 6710 | 10380 | 5.8 | 0.61 | 3.1 | 1.08 | 56.2 |
| Phillips Petroleum | 7 | 15424 | 13860 | 19.9 | 3.61 | 3 | 1.34 | 12.4 |
| Poe & Brown | 6 | 129 | 194 | 25.1 | 1.48 | 1.5 | 0.35 | 16.3 |
| PPG | 2 | 7379 | 6868 | 28.5 | 3.94 | 2.3 | 1.33 | 14.7 |
| PP&L Resources | 3 | 3049 | 9485 | 11.4 | 1.8 | 7.7 | 1.67 | 12 |
| Progressive | 6 | 4190 | 7560 | 18.7 | 5.31 | 0.3 | 0.24 | 17 |
| Rohm & Haas | 2 | 3999 | 3900 | 19.8 | 2.13 | 2.2 | 0.63 | 13.4 |
| Ruddick | 4 | 2300 | 885 | 12.5 | 1.02 | 1.8 | 0.32 | 17 |
| Schering-Plough | 5 | 6778 | 6507 | 51.2 | 1.95 | 1.5 | 0.74 | 24.6 |
| Sears, Roebuck | 1 | 41296 | 38700 | 20.3 | 2.99 | 1.8 | 0.92 | 17.4 |
| Stryker | 5 | 980 | 985 | 20.5 | 1.28 | 0.3 | 0.11 | 27.2 |
| Sun | 7 | 10531 | 4667 | 18 | 2.7 | 2.8 | 1 | 13 |
| Sunamerica | 6 | 2114 | 35637 | 14.7 | 1.8 | 0.9 | 0.3 | 19.5 |
| Texaco | 7 | 46667 | 29600 | 20.9 | 4.87 | 3.1 | 1.75 | 11.5 |
| The TJX Companies | 1 | 7389 | 2610 | 26.3 | 1.75 | 0.6 | 0.09 | 8.2 |
| Torchmark | 6 | 2283 | 10967 | 17.5 | 2.39 | 1.7 | 0.59 | 14.2 |
| Tosco | 7 | 13282 | 5975 | 10.9 | 1.37 | 0.8 | 0.24 | 23 |
| Travelers | 6 | 37609 | 386555 | 14.9 | 2.54 | 0.9 | 0.4 | 17 |
| Ultramar Diamond Shamrock | 7 | 10882 | 5595 | 9.5 | 1.94 | 3.5 | 1.1 | 16.1 |
| Union Carbide | 2 | 6502 | 6964 | 28.8 | 4.53 | 1.6 | 0.79 | 10.7 |
| United States Surgical Corporation | 5 | 1172 | 1726 | 7.5 | 1.21 | 0.5 | 0.16 | 29 |
| UNOCAL | 7 | 6064 | 7530 | 28.9 | 2.65 | 2 | 0.8 | 15.5 |
| UNUM | 6 | 4077 | 13200 | 15.2 | 2.59 | 1.3 | 0.56 | 17 |
| USX-Marathon | 7 | 15754 | 10565 | 12.6 | 1.58 | 2.4 | 0.76 | 19.8 |
| Valero Energy | 7 | 5756 | 2493 | 9.6 | 2.03 | 1.2 | 0.42 | 17.2 |
| Warner-Lambert | 5 | 8180 | 8031 | 30.7 | 1.04 | 1.4 | 0.51 | 35.7 |
| WEIS Markets | 4 | 1819 | 972 | 9.2 | 1.87 | 3 | 0.94 | 16.9 |
| Wellman | 2 | 1083 | 1319 | 4.8 | 0.97 | 1.8 | 0.35 | 20.5 |
| Winn-Dixie Stores | 4 | 13219 | 2921 | 15.3 | 1.36 | 2.7 | 0.98 | 27.2 |
| WITCO | 2 | 2187 | 2298 | 14 | 1.55 | 2.9 | 1.12 | 24.9 |
| Zenith Nation Insurance | 6 | 601 | 1252 | 7.8 | 1.57 | 3.7 | 1 | 17 |
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