awww-awu.aleks.com ALEKS CH1 A ALEKS - Jasmine Mackson - Homework ch11 A financial analyst is examining the relationship between sto Homework ch11 Question 27 of 30 (1 point) | Question Attempt: 7 of Unlimited Jasmine A financial analyst is examining the relationship between stock prices and earnings per share. She chooses fifteen publicly traded companies at random and records for each the company's current stock price and the company's earnings per share reported for the past 12 months. Her data are given below, with x denoting the earnings per share from the previous year and y denoting the current stock price (both in dollars). A scatter plot of her data is shown in Figure 1. Also given is the product of the earnings per share and the current stock price for each of the fifteen stocks. (These products, written in the column labelled "xy ", may aid in calculations.) Earnings per Current stock share, x price, y xy (in dollars) (in dollars) 18.37 0.72 13.2264 21.00 0.68 14.28 41.40 1.74 72.036 37.54 1.12 42.0448 2.5 31.8 1.68 53.4744 41.60 1.54 64.064 Current stock price (in dollars) 1.5 13.86 0.55 7.623 57.54 2.23 28.3142 36.98 1.33 49.1834 0.5- 43.24 1.15 49.726 30.18 0.67 20.2206 20 30 40 57.14 2.74 156.5636 Earnings per share (in dollars) 28.74 1.29 37.0746 Figure 1 26.44 1.00 26.44 48.36 1.68 81.2448 Send data to calculator Send data to Excel Save For Later Submit Assignment Check MacBook Air Fo F1 F2 U F3 F5 1 FE F :9: F1 % @ 9 O P W E R U Q G K . . A S D . U N M Z X C alt command option Tion command31.83 1.68 53.4744 41.60 1.54 64.064 (in dollars) 1.5- 13.86 0.55 7.623 Current stock p 57.54 2.23 128.3142 36.98 1.33 49.1834 05 43.24 1.15 49.726 30.18 0.67 20.2206 10 50 57.14 2.74 156.5636 Earnings per share 28.74 1.29 37.0746 (in dollars) Figure 1 26.44 1.00 26.44 48.36 1.68 81.2448 Send data to calculator v ) Send data to Excel What is the sample correlation coefficient for these data? Carry your intermediate computations to at least four decimal places and round your answer to at least three decimal places. (If necessary, consult a list of formulas.) X ? Save For Later Submit Assignme Check MacBook Air DD F9 F10 45)) F12 F1 20 F3 888 F - F5 - F6 F7 FB 29: F2 $ A V 9 O W # N E U O P Q W R K . . . . S F G H J