What would be the predicted stock return for a company whose CEO made $15 million % (Type an integer or decimal rounded to one decimal place as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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Critical Values for Correlation Coefficient
3
0.997
4
0.95
0.878
0.811
7
0.754
8.
0.707
0.666
10
0.632
11
0.602
12
0.576
13
0.553
14
0.532
15
0.514
16
0.497
17
0.482
18
0.468
19
0.456
20
0.444
21
0.433
22
0.423
23
0.413
24
0.404
25
0.396
26
0.388
27
0.381
28
0.374
29
0.367
30
0.361
n
2NN
Transcribed Image Text:Critical Values for Correlation Coefficient 3 0.997 4 0.95 0.878 0.811 7 0.754 8. 0.707 0.666 10 0.632 11 0.602 12 0.576 13 0.553 14 0.532 15 0.514 16 0.497 17 0.482 18 0.468 19 0.456 20 0.444 21 0.433 22 0.423 23 0.413 24 0.404 25 0.396 26 0.388 27 0.381 28 0.374 29 0.367 30 0.361 n 2NN
The given data represent the total compensation for 10 randomly selected CEOS and their company's stock performance in 2009. Analysis of this data reveals a
correlation coefficient of r= - 0.2243. What would be the predicted stock return for a company whose CEO made $15 million? What would be the predicted stock return
for a company whose CEO made $25 million?
Click the icon to view the compensation and stock performance data.
i
CEO Compensation and Stock Performance
E Click the icon to view a table of critical values for the correlation coefficient.
What would be the predicted stock return for a company whose CEO made $15 million?
Compensation
(millions of dollars) Return (%)
Stock
% (Type an integer or decimal rounded to one decimal place as needed.)
26.45
5.68
12.47
30.19
19.49
31.31
13.07
80.23
12.02
- 8.61
11.95
3.09
26.45
4.21
14.76
11.24
17.86
3.67
14.43
11.38
Print
Done
Transcribed Image Text:The given data represent the total compensation for 10 randomly selected CEOS and their company's stock performance in 2009. Analysis of this data reveals a correlation coefficient of r= - 0.2243. What would be the predicted stock return for a company whose CEO made $15 million? What would be the predicted stock return for a company whose CEO made $25 million? Click the icon to view the compensation and stock performance data. i CEO Compensation and Stock Performance E Click the icon to view a table of critical values for the correlation coefficient. What would be the predicted stock return for a company whose CEO made $15 million? Compensation (millions of dollars) Return (%) Stock % (Type an integer or decimal rounded to one decimal place as needed.) 26.45 5.68 12.47 30.19 19.49 31.31 13.07 80.23 12.02 - 8.61 11.95 3.09 26.45 4.21 14.76 11.24 17.86 3.67 14.43 11.38 Print Done
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