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.

Total 12-Month Total 12-Month Assests Sales Assests Sales Company ($ billions) ($ billions) Company ($ billions) ($ billions) Eni SpA 134.47 68.13 AMC Entertainment 9.81 4.19 6.14 Discovery Communications 16.15 Dong Energy 6.59 DSV 10.54 20.5 9.16 Alaska Air 10.7 6.9 AMD 3.37 4.62 Boohoo.com 0.235 0.545 Cabot Oil &

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

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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