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Question

The given data represent the total compensation for 10 randomly selected CEOs and their​ company's stock

performance in 2009. Analysis of this data reveals a correlation coefficient of r = - 0.2174. What would be the predicted stock return for a company whose CEO made​ $15 million? What would be the predicted stock return for a company whose CEO made​ $25 million?


Compensation Stock Return %

​(millions of​ dollars) Critical Values for correlation and coefficient

26.81 6.25

12.75 30.15 n

19.16 31.73 3 0.0997 17 0.482

13.19 79.31 4 0.950 18 0.468

12.37 -8.08 5 0.878 19 0.456

11.74 2.62 6 0.811 20 0.444

26.19 4.95 7 0.754 21 0.433

15.37 11.23 8 0.707 22 0.423

17.57 4.43 9 0.666 23 0.413

14.44 11.81 10 0.632 24 0.404

11 0.602 25 0.396

12 0.576 26 0.388

13 0.553 27 0.381

14 0.532 28 0.374

15 0.514 29 0.367

16 0.497 30 0.361


What would be the predicted stock return for a company whose CEO made​ $15 million?

___%(use integer or decimal rounded to one decimal place as​ needed.)


What would be the predicted stock return for a company whose CEO made​ $15 million?

___%(use integer or decimal rounded to one decimal place as​ needed.)

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The predicted stock return for a company whose CEO... View the full answer

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Here, X = independent variable = Compensation and Y = dependent variable = Stock Return % From the given data we have, n =... View the full answer

What would be the predicted stock return for a company whose CEO made $15 million?... View the full answer

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