An investment analyst collected data about 20 randomly chosen companies. The data consisted of the 52-week-high stock prices, price-to-earnings (PE)

ratio, and the market value of the company. These data are in the file entitled 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. OmniVision Technologies (Sunnyvale, CA) in April 2006 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.)