The file includes the total compensation (in $) of CEOs of 197 large public companies and their
Question:
a. Compute the correlation coefficient between compensation and the investment return in 2009.
b. At the 0.05 level of significance, is the correlation between compensation and the investment return in 2009 statistically significant?
c. Write a short summary of your findings in (a) and (b). Do the results surprise you?
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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