The file includes the total compensation (in $) of CEOs of 197 large public companies and their

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The file includes the total compensation (in $) of CEOs of 197 large public companies and their investment return in 2009.
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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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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