Following is information on the price per share and the dividend for a sample of 30 companies.

Company	Price per Share	Dividend
1	20.01	3.14
2	22.02	3.36
3	31.4	0.46
4	33.58	7.99
5	35.87	0.77
6	36.13	8.46
7	36.17	7.62
8	38	8.03
9	38.86	6.33
10	39.66	7.96
11	43.45	8.95
12	49.09	9.61
13	53.74	11.11
14	54.42	13.28
15	55.11	10.22
16	57.07	9.53
17	57.41	12.6
18	58.31	10.43
19	59.52	7.97
20	60.61	9.19
21	64.02	16.5
22	64.67	16.1
23	64.75	13.76
24	64.96	10.54
25	66.44	21.15
26	68.19	14.3
27	69.57	24.42
28	74.91	11.54
29	77.92	17.65
30	80.01	17.36

Required: a. Calculate the regression equation that predicts price per share based on the annual dividend. (Round your answers to 4 decimal places.)

Price = ___ + ___ dividend

b-1. State the null and alternate hypotheses.

b-2. State the decision rule. Use the 0.05 significance level. (Round your answer to 3 decimal places.) Reject H₀ if t is not between +- ___

b-3. Compute the value of the test statistic. (Round your answer to 4 decimal places.) Test statistic is ____

b-4. What is your decision regarding H₀? Do not Reject / Reject H₀

b-5. Can we conclude the slope is not equal to zero?

Yes / No c. Determine the coefficient of determination. (Round your answer to 4 decimal places.) R₂ = ___

d. Determine the correlation coefficient. (Round your answer to 4 decimal places.)

e. If the dividend is $10, what is the predicted price per share? (Round your answer to 4 decimal places.)