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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.
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. I've included this data are in the attachment.
Need help solving the following: Let y=Market value?(in millions of?dollars), x1=?52-week-high stock?prices, and x2=?Price-to-earnings ratio. How do you make a regression equation to predict the market value using the?52-week-high stock price and the PE ratio of the company?
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