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Q U E 5 TI 0 N 3 Arecent study by a major nancial investment company was interested in determining whether the annual percentage change
Q U E 5 TI 0 N 3 Arecent study by a major nancial investment company was interested in determining whether the annual percentage change in stock price for companies is linearly related to the annual percent change in prots for the company. The following data was determined for TI" randomly selected companies: \"it: Change Stock Bi: Change in Price Based upon this sample information, wha portion of variation in stock price percentage change is explained by the percent change in yearly prot? 0 a. Approximately 70 percent. 0 b- Nearly 19 percent. 0 5- About 49 percent. 0 '1' None of the above
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