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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
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 accompanying table. Complete parts a through c below. Question list K Click the icon for the data on company performance. O Question 1 a) Let y = Market value (in millions of dollars), x, =52-week-high stock prices, and X2 = Price-to-earnings ratio. Produce a regression equation to predict the market value using the 52-week-high stock price and the PE ratio of the company. Question 2 y = 0) + () * + () *2 (Round to two decimal places as needed.) O Question 3 - X b) Determine if the overall model is significant. Use a significance level of 0.01. Data table Determine the hypotheses. Choose the correct answer below. Question 4 O A. HO: B1 = B2 = 0 O B. HO: B1 = B2 = 0 Market Value 52-Week PE Ratio HA : At least one B; # 0 High HA: B1 # B2 0 1507 31 19 8307 72 65 O Question 5 O C. Ho: At least one B; # 0 OD. Ho: B1 # B2 0 1291 32 23 HA: B1 = B2 = 0 HA: B1 = B2 = 0 1264 12 17 1538 25 25 Find the test statistic. 1551 49 19 O Question 6 7900 27 69 F=(Round to two decimal places as needed.) 1740 35 21 3393 19 33 Find the p-value 4501 37 49 O Question 7 2580 33 36 p-value = (Round to four decimal places as needed.) 1396 66 22 1931 44 26 Choose the correct conclusion below. 3383 50 50 O Question 8 1650 29 20 1639 O A. Reject Ho. There is not sufficient evidence that the overall model is significant. 83 4192 33 Question 9 1557 47 O B. Reject Ho. There is sufficient evidence that the overall model is significant. 1575 46 O C. Do not reject Ho. There is not sufficient evidence that the overall model is significant. 1206 O Question 10 O D. Do not reject Ho. There is sufficient evidence that the overall model is significant. c) A particular company has a 52-week high stock price of 29 and a PE ratio of 25. Estimate its market value. Use a range of twice the standard error. Print Done Question 11 (Round to two decimal places as needed ) Activate Windows Go to Settings to activate Windows. Time Remaining: 02:54:21 Next
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