Listed below is data on profit and market capitalization for a sample of 15 different firms in the United States Market Capitalization ($ millions) Profits ($ millions) 1936 9 296 2 1171 8 25 55135 8 4085 97417 2 6558 95198 9 12525 53579 7 3394 12466 3 442 8 8894 3 633 1 65872 4 3528 25661 3 2698 19854 7 1200 65 195643 8 11987 10447 8 641 8 66695 5 5043 53558 4 5206 Develop an estimated regression equation with profits as the dependent variable and market capitalization as the independent variable How much variation in profits is explained by market capitalization Group of answer choices 81 64 90 35 80 23 91 07 77 25

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Question: Listed below is data on profit and market capitalization for a sample of 15 different firms in the United States. Market Capitalization ($ millions) Profits

Listed below is data on profit and market capitalization for a sample of 15 different firms in the United States.

Market Capitalization ($ millions)	Profits ($ millions)
1936.9	296.2
1171.8	-25
55135.8	4085
97417.2	6558
95198.9	12525
53579.7	3394
12466.3	442.8
8894.3	633.1
65872.4	3528
25661.3	2698
19854.7	1200.65
195643.8	11987
10447.8	641.8
66695.5	5043
53558.4	5206

Develop an estimated regression equation with profits as the dependent variable and market capitalization as the independent variable. How much variation in profits is explained by market capitalization?

Group of answer choices

81.64%

90.35%

80.23%

91.07%

77.25%

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