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

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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
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Cheers,
Stan H.