Question
1.Plot a chart showing the relationship between Investment in IT and revenues using the data in the Table below, and calculate the correlation between IT
1.Plot a chart showing the relationship between Investment in IT and revenues using the data in the Table below, and calculate the correlation between IT investment and revenue:
Fiscal Year
Revenue (in 000s)
IT Investment (in 000s)
2011
$58,345
$7,009
2012
$79,842
$8,166
2013
$96,472
$9,785
2014
$118,493
$9,680
2015
$184,879
$14,004
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
