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Choose the correct conclusion below. O A. Do not reject He. There is not sufficient evidence that the overall model is significant. O B. Reject

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Choose the correct conclusion below. O A. Do not reject He. There is not sufficient evidence that the overall model is significant. O B. Reject Ho. There is sufficient evidence that the overall model is significant. O C. Reject Ho. There is not sufficient evidence that the overall model is significant. OD. Do not reject He. There is sufficient evidence that the overall model is significant. c) A particular company has a 52-week high stock price of 27 and a PE ratio of 18, Estimate its market value. Use a range of twice the standard error, (Round to two decimal places as needed.)52-Week Market Value PE Ratio High 1574 32 18 8474 70 59 1305 31 23 1237 12 17 1526 23 23 1549 47 17 8070 29 68 1776 37 23 3364 20 30 4284 37 48 2575 34 33 1430 64 22 1907 42 26 3418 52 48 1688 30 18 1643 81 14 4091 33 20 1522 49 8 1510 50 15 1151 50 12An 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. Click the icon for the data on company performance. a) Let y = Market value (in millions of dollars), x, = 52-week-high stock prices, and x, = 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. (Round to two decimal places as needed.) b) Determine if the overall model is significant. Use a significance level of 0.10. Determine the hypotheses. Choose the correct answer below. OA HOB, #B, NO OB. HO: P, = =0 HAIB, PB, NO OG. Ho: By = 12 -Q O D. He: At least one B RO HA: At least one B, #0 HA: B1 = P2 0 Find the test statistic F=(Round to two decimal places as needed.) Find the p-value. p-value =(Round to four decimal places as needed.)

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