Bloomberg Intelligence listed 50 companies to watch in 2018 (www .bloomberg.com/features/companies-to-watch-2018). Twelve of the companies are listed
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Bloomberg Intelligence listed 50 companies to watch in 2018 (www .bloomberg.com/features/companies-to-watch-2018). 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
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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