SOLUTION: Mr. William Profit is studying companies going public for the first time. He is
particularly interested in the relationship between the size of the
Algebra.Com
Question 303329: Mr. William Profit 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 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
8 70 10.7
9 160.7 11.3
10 96.5 10.6
11 83 10.5
12 23.5 10.3
13 58.7 10.7
14 93.8 11
15 34.4 10.8
Answer by marmar7(2) (Show Source): You can put this solution on YOUR website!
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