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Use the accompanying data to estimate the beta of Shoe Company stock using linear regression. Click the icon to view the Shoe Company data. X

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Use the accompanying data to estimate the beta of Shoe Company stock using linear regression. Click the icon to view the Shoe Company data. X Data Returns (%) ) Value Weighted Market Shoe Company -1.6974 6.3840 -2.0760 - 1.9695 3.6354 1.9725 -6.2074 -0.8301 - 7.2581 - 8.0264 0.5432 - 10.9474 - 8.7310 - 11.2049 - 0.6546 - 0.1231 -8.2159 - 12.4463 0.1286 9.2404 5.8425 -6.0533 -2.6918 Date Jan-02 Feb-02 Mar-02 Apr-02 May-02 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 - Nov-02 Dec-02 Jan-03 Feb-03 Mar-03 Apr-03 May-03 - Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan-04 - Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 - Oct-04 Nov-04 -1.6503 0.8451 8.2180 5.1233 1.2188 1.6581 1.8346 - 1.1383 5.5084 0.7644 5.2371 1.7689 1.2898 -5.2115 -0.4945 -0.0152 4.0912 11.1531 4.1050 4.4356 - 4.3699 - 3.4470 10.1253 6.8728 4.9630 5.1775 2.0538 1.6513 5.1640 6.4718 - 7.6267 - - 1.1749 6.6435 -4.0536 3.3681 4.7301 3.0355 3.9075 7.1961 -1.5358 -1.5626 1.2622 1.9075 -3.4326 0.2598 0.8680 1.4533 3.9178 3.3169 -2.7122 Dec-04 Jan-05 Feb-05 -4.6494 0.0841 1.7997

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