SOLUTION: Please help James Profit wants to take National Widget Company public. He is interested in the relationship between the size of the initial public offering and the price per sh

Question 137632: Please help
James Profit wants to take National Widget Company public. He is interested in the relationship between the size of the initial public offering and the price per share. A sample of 10 companies that recently went public revealed the following information:
size ($millions) price per share
9.0 10.0
13.0 12.4 a. The regression equation is: __________
11.0 10.5
14.0 12.8 b. The coefficient of correlation is: ______
8.0 13.6
9.0 11.5 c. The coefficient of determination is: ____
10.0 14.2
12.0 9.7 d. What would Y equal if X equals13? ______
10.0 12.3
7.0 9.6

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
size ($millions) price per share
9.0 10.0
13.0 12.4 a. The regression equation is: _y = 0.1319727891 x +10.30068027
11.0 10.5
14.0 12.8 b. The coefficient of correlation is: R = 0.1763989197
13.6
9.0 11.5 c. The coefficient of determination is: R^2 = 0.0311165789...
10.0 14.2
12.0 9.7 d. What would Y equal if X equals13? 12.016______
10.0 12.3
7.0 9.6
=============
Cheers,
Stan H.

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