Question
In: Statistics and Probability
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the...
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the current results of the companies’ sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Sales ($ millions) Earnings ($ millions) Company Sales ($ millions) Earnings ($ millions) Papa John's International $ 87.4 $ 4.9 Checkmate Electronics $ 17.5 $ 2.6 Applied Innovation 18.6 4.4 Royal Grip 9.8 1.7 Integracare 17.4 1.3 M-Wave 19.6 3.5 Wall Data 71.7 8.0 Serving-N-Slide 53.7 8.2 Davidson & Associates 58.6 6.6 Daig 28.6 6.0 Chico's FAS 47.3 4.1 Cobra Golf 69.2 12.8 Let sales be the independent variable and earnings be the dependent variable. (Round your answers to 3 decimal places.)
a. The coefficient of correlation is
. b. The coefficient of determination is .
c. The regression equation, with the coefficients, is Y' = + X
d. For a small company with $50 million in sales, an estimate of the earnings is ($ millions).
Solutions
orchestra answered 1 year agoRelated Solutions
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the...
A recent article in
Bloomberg Businessweek listed the “Best Small Companies.”
We are interested in the current results of the companies’ sales
and earnings. A random sample of 12 companies was selected and the
sales and earnings, in millions of dollars, are reported below.
Company
Sales
($ millions)
Earnings
($ millions)
Company
Sales
($ millions)
Earnings
($ millions)
Papa John's
International
$
94.1
$
4.9
Checkmate
Electronics
$
17.5
$
2.6
Applied
Innovation
18.6
4.4
Royal Grip
14.6
1.7
Integracare...
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the...
A recent article in Bloomberg Businessweek listed the
“Best Small Companies.” We are interested in the current results of
the companies’ sales and earnings. A random sample of 12 companies
was selected and the sales and earnings, in millions of dollars,
are reported below.
Company
Sales
($ millions)
Earnings
($ millions)
Company
Sales
($ millions)
Earnings
($ millions)
Papa John's International
$
87.4
$
4.9
Checkmate Electronics
$
17.5
$
2.6
Applied Innovation
18.6
4.4
Royal Grip
9.8
1.7
Integracare...
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the...
A recent article in Bloomberg Businessweek
listed the “Best Small Companies.” We are interested in the current
results of the companies’ sales and earnings. A random sample of 12
companies was selected and the sales and earnings, in millions of
dollars, are reported below.
Sales
Earnings
Sales
Earnings
Company
($ millions)
($ millions)
Company
($ millions)
($ millions)
Papa John’s International
$
89.2
4.9
Checkmate Electronics
$
17.5
2.6
Applied Innovation
18.6
4.4
Royal Grip
11.9
1.7
Integracare
18.2
1.3...
A recent article in Bloomberg Businessweek listed the “Best Small Companies.” We are interested in the...
A recent article in Bloomberg Businessweek
listed the “Best Small Companies.” We are interested in the current
results of the companies’ sales and earnings. A random sample of 12
companies was selected and the sales and earnings, in millions of
dollars, are reported below.
Sales
Earnings
Sales
Earnings
Company
($ millions)
($ millions)
Company
($ millions)
($ millions)
Papa John’s International
$
91.2
5.2
Checkmate Electronics
$
18.5
2.6
Applied Innovation
20.3
4.6
Royal Grip
12.8
1.8
Wall Data
19.0...
A recent article in BusinessWeek listed the “Best Small Companies.” We are interested in the current...
A recent article in BusinessWeek listed the “Best Small
Companies.” We are interested in the current results of the
companies' sales and earnings. A random sample of 12 companies was
selected and the sales and earnings, in millions of dollars, are
reported below.
Company
Sales
($ millions)
Earnings
($ millions)
Company
Sales
($ millions)
Earnings
($ millions)
Papa John's International
$
86.8
$
5.0
Checkmate Electronics
$
15.4
$
2.6
Applied Innovation
18.9
4.4
Royal Grip
10.8
1.7
Integracare
17.2...
A recent article in Business Week listed the “Best Small Companies.” We are interested in the...
A recent article in Business Week listed the “Best
Small Companies.” We are interested in the current results of the
companies sales and earnings. A random sample of 12 companies was
selected and the sales and earnings, in millions of dollars, are
reported below.
Company
Sales
($ millions)
Earnings
($ millions)
Company
Sales
($ millions)
Earnings
($ millions)
Papa John's International
$
87.4
$
4.9
Checkmate Electronics
$
17.5
$
2.6
Applied Innovation
18.6
4.4
Royal Grip
9.8
1.7
Integracare...
A recent article in Business Week listed the “Best Small Companies.” We are interested in the...
A recent article in Business Week listed the “Best
Small Companies.” We are interested in the current results of the
companies sales and earnings. A random sample of 12 companies was
selected and the sales and earnings, in millions of dollars, are
reported below.
Company
Sales
($ millions)
Earnings
($ millions)
Company
Sales
($ millions)
Earnings
($ millions)
Papa John's International
$
87.4
$
4.9
Checkmate Electronics
$
17.5
$
2.6
Applied Innovation
18.6
4.4
Royal Grip
9.8
1.7
Integracare...
According to an article in Bloomberg Businessweek, New York City's most recent adult smoking rate is...
According to an article in Bloomberg
Businessweek, New York City's most recent adult smoking rate
is 14%. Suppose that a survey is conducted to determine this year's
rate. Nine out of 70 randomly chosen N. Y. City residents reply
that they smoke. Conduct a hypothesis test at the 5% level to
determine if the rate has decreased from 14%.Note: If you are using
a Student's t-distribution for the problem, you may assume
that the underlying population is normally distributed. (In...
Obtain several recent issues of The Wall Street Journal or Bloomberg Businessweek. Identify, read, and be...
Obtain several recent issues of The Wall Street Journal or
Bloomberg Businessweek. Identify, read, and be discuss at least one
article relating to one of the six principles of finance. Cite the
date and name of the article.
(BusinessWeek Bloomberg). Chinese purchased 9.315 million locally made small passenger cars in 2009 when the price...
(BusinessWeek Bloomberg). Chinese purchased 9.315 million
locally made small passenger cars in 2009 when the price of the
average car (Chinese Yuan) was the dollar equivalent of $17,700.
Since then, car sales outlets have been slashing prices. In August
2010 Chinese purchased 13.6 million cars at average prices of Yuan
equivalents of $16,250. Based on the calculations shown the price
elasticity of demand for cars in China is ____________ (elastic ;
inelastic) . When commenting on market outcomes an analyst...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- "Ethical Considerations" Please respond to the following: Reflect upon the responsibilities placed on auditors by the...
- A Japanese company has a bond outstanding that sells for 93 percent of its ¥100,000 par...
- What is the difference among the principles of modularization, abstraction, encapsulation, and separation of interface and...
- An investment project costs $20,100 and has annual cash flows of $4,400 for six years. ...
- PUT IN JAVA PROGRAMMING The StockB class: Design a class named StockB that contains the following...
- Draw a DFA for the following ( ∑ = {0,1}): Set of all strings with.
- In the article from Forbes notes that the goal of a leader is not to clone...
ADVERTISEMENT