4.2.25 Question Help The given data represent the total compensation for 10 rand

Question

4.2.25 Question Help 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 coefficiet f02112 What would be the predicted stoch return for a company whose CEO made $15 million? What would be the predicted stock retum for a company whose CEO made $25 million? Click the icon to view' the compensation and stock performance data Reference Click the icon to view a table of critical values for the correlation coefficient. What would be the predicted stock return for a company whose CEO made S15 million? 17.3 % (Type an integer or decimal rounded to one decimal place as needed.) What would be the predicted stock return for a company whose CEO made $25 million? 17.3 % (Type an integer or decimal rounded to one decimal place as needed.) 6 CEO Compensation and Stock Performance Stock Retum (%) Compensation 0.997 0.950 0.878 0.811 0.754 0.707 0.666 0.632 0.602 0.576 0.553 0.532 0.514 0.497 0.482 0.468 0.456 (millions of dollars) 26.24 11.99 19.78 12.98 11.72 5.95 29.97 31.33 79.38 -8.53 2.39 4.84 11.28 4.37 11.64 25.89 15.29 17.92 14.67 10 13 Print Done 15 19 Question is complete. Tap on the red indicators to see incorrect answers

Explanation / Answer

here as correlation coefficient is lower then critical value ; therefore there is no significant correlation

hence predicted value should be equal to mean value oof stock rate.

therefore predicted stock return =17.3%

(bth the answers are ok; please revert if you want help in any other sub part)

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