The file 14 CEO-Compensation includes the total compensation (in $millions) for CEOs of 194 large public companies
Question:
nytimes.com/2012/06/17/business/executive-pay-still-climbing-despite-a-shareholderdin.html.)
a. Compute the correlation coefficient between compensation and the investment return in 2011.
b. At the 0.05 level of significance, is the correlation between compensation and the investment return in 2011 statistically significant?
c. Write a short summary of your findings in (a) and (b). Do the results surprise you?
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a The correlation between compensation and the investment return is 014...View the full answer
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Related Book For 
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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