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($M)price per share
9.0 10.0
13.0 12.4
11.0 10.5
14.0 12.8
8.0 13.6
9.0 11.5
10.0 14.2
12.0 9.7
10.0 12.3
7.0 9.6
a. The regression equation is:
b. The coefficient of correlation is:
c. The coefficient of determination is:
d. What would Y equal if X equals 13?
1 answer