An investment analyst collected data about 20 randomly chosen companies. The data obtained from publicly available sources consisted of the 52-weekhigh stock prices, the price-to-earnings (PE) ratio, and the market value of the company. These data are in the file titled Investment.

a. Produce a regression equation to predict the market value using the 52-week-high stock price and the PE ratio of the company.

b. Determine if the overall model is significant. Use a significance level of 0.05.

c. Suppose a particular company had a 52-week-high stock price of 31 and a PE ratio of 19. Estimate its market value for that time period. (Note: Its actual market value for that time period was $1,536.)