Bloomberg Intelligence listed 50 companies to watch in 2019 (www.bloomberg.com/features/companies-to-watch-2019). Twelve of the companies are listed here

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Bloomberg Intelligence listed 50 companies to watch in 2019 (www.bloomberg.com/features/companies-to-watch-2019). Twelve of the companies are listed here with their total assets and 12-month sales

Let sales be the dependent variable and total assets the independent variable.

a. Draw a scatter diagram.

b. Compute the correlation coefficient.

c. Determine the regression equation.

d. For a company with $100 billion in assets, predict the 12-month sales.

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Related Book For answer-question

Basic Statistics In Business And Economics

ISBN: 9781260597578

10th Edition

Authors: Douglas A. Lind, William G. Marchal, Samuel A. Wathen

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Question Posted: Aug 18, 2022 02:09 AM

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Bloomberg Intelligence listed 50 companies to watch in 2019 (www.bloomberg.com/features/companies-to-watch-2019). Twelve of the companies are listed here

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a Here is the scatter plot for the data b To compute the correlation coefficient we first calculate ...View the full answer

Basic Statistics In Business And Economics

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