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Below is information on the price per share and the dividend for a sample of 30 companies. (Round your coefficient of determination to 4 decimal

Below is information on the price per share and the dividend for a sample of 30 companies. (Round your coefficient of determination to 4 decimal places and other answers to 2 decimal places.) Company Price per Share Dividend Company Price per Share Dividend 1 $ 20.00 $ 3.99 16 $ 57.06 $ 5.28 2 22.01 5.91 17 57.40 12.60 3 31.39 0.46 18 58.30 13.83 4 33.57 4.59 19 59.51 7.97 5 35.86 0.77 20 60.60 4.94 6 36.12 9.31 21 64.01 16.50 7 36.16 7.62 22 64.66 16.95 8 37.99 -0.47 23 64.74 12.91 9 38.85 6.33 24 64.95 11.39 10 39.65 7.96 25 66.43 21.15 11 43.44 12.35 26 68.18 11.75 12 49.08 9.61 27 69.56 24.42 13 53.73 11.11 28 74.90 11.54 14 54.41 21.78 29 77.91 17.65 15 55.10 10.22 30 80.00 18.21 (a) Calculate the regression equation using selling price based on the annual dividend. Y' = + X Interpret the slope value. (b) The coefficient of determination is This means that % of the variation in price is explained by the dividend. (c) The coefficient of correlation is . Can you conclude that it is greater than 0 using the .05 significance level? The test statistic is . Decision

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