Bloomberg Intelligence listed 50 companies to watch in 2018 (www.bloomberg.com/features/companies-to-watch-2018). Twelve of thecompanies are listed here with their total assets and 12-month sales.Total Assests($ billions)134.4712-Month Sales($ billions)Total Assests($ billions)12-Month SalesCompanyEni SpADiscovery CommunicationsDong EnergyCompanyAMC Entertainment($ billions)68.136.599.814.1916.15DSV6.1410.5420.5Alaska AirBoohoo.com9.1610.76.9AMD3.374.620.2350.54525.11Cabot Oil & Gas5.221.58Danone52.12Engie166.8472Experian7.694.34E Click here for the Excel Data Filea. Draw a scatter diagram.1. On the graph below, use the point tool to plot the point corresponding to the first Sales and her Earnings Sales1).2. Repeat the process for the remainder of the sample (Sales 2, Sales 3, ... ).3. To enter exact coordinates, dooble-click on the point and enter the exact coordinates of x and y.Tools9080point 2point 370< Prev4 of 10Next >Ch13_40 18e.xlsxMacBook Air Let sales be the dependent variable and total assets the independent variable. (Do not round intermediate calculations. Round youranswers to 4 decimal places.)b. The coefficient of correlation isc. The regression equation, with the coefficients, is ý =d. For a company with $100 billion in assets, predict the 12-month sales is(S billions).< Prev4 of 10Next >Ch13 40 18e.xlsxMacBook Air吕口F3F7F6F4F5F2#$&8.

Assets (X) Returns (Y) (x-xbar) (x-xbar)^2 (y-ybar) (y-ybar)^2 (x-xbar)*(y-ybar) 134.47 68.13…

Answered: b. The coefficient of correlation c.…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 8P

See similar textbooks

Related questions

Concept explainers

Question

Bloomberg Intelligence listed 50 companies to watch in 2018 (www.bloomberg.com/features/companies-to-watch-2018). Twelve of the
companies are listed here with their total assets and 12-month sales.
Total Assests
($ billions)
134.47
12-Month Sales
($ billions)
Total Assests
($ billions)
12-Month Sales
Company
Eni SpA
Discovery Communications
Dong Energy
Company
AMC Entertainment
($ billions)
68.13
6.59
9.81
4.19
16.15
DSV
6.14
10.54
20.5
Alaska Air
Boohoo.com
9.16
10.7
6.9
AMD
3.37
4.62
0.235
0.545
25.11
Cabot Oil & Gas
5.22
1.58
Danone
52.12
Engie
166.84
72
Experian
7.69
4.34
E Click here for the Excel Data File
a. Draw a scatter diagram.
1. On the graph below, use the point tool to plot the point corresponding to the first Sales and her Earnings Sales1).
2. Repeat the process for the remainder of the sample (Sales 2, Sales 3, ... ).
3. To enter exact coordinates, dooble-click on the point and enter the exact coordinates of x and y.
Tools
90
80
point 2
point 3
70
< Prev
4 of 10
Next >
Ch13_40 18e.xlsx
MacBook Air

Let sales be the dependent variable and total assets the independent variable. (Do not round intermediate calculations. Round your
answers to 4 decimal places.)
b. The coefficient of correlation is
c. The regression equation, with the coefficients, is ý =
d. For a company with $100 billion in assets, predict the 12-month sales is
(S billions).
< Prev
4 of 10
Next >
Ch13 40 18e.xlsx
MacBook Air
吕口
F3
F7
F6
F4
F5
F2
#
$
&
8.

Expert Solution

Working

Assets (X)	Returns (Y)	(x-xbar)	(x-xbar)^2	(y-ybar)	(y-ybar)^2	(x-xbar)*(y-ybar)
134.47	68.13	98.3663	9675.9191	50.3213	2532.2282	4949.9127
16.15	6.59	-19.9538	398.1521	-11.2188	125.8604	223.8561
20.5	9.16	-15.6038	243.4770	-8.6488	74.8009	134.9529
3.37	4.62	-32.7338	1071.4984	-13.1888	173.9431	431.7172
5.22	1.58	-30.8838	953.8060	-16.2288	263.3723	501.2047
166.84	72	130.7363	17091.9671	54.1913	2936.6916	7084.7608
9.81	4.19	-26.2938	691.3613	-13.6188	185.4704	358.0880
6.14	10.54	-29.9638	897.8263	-7.2688	52.8347	217.7990
10.7	6.9	-25.4038	645.3505	-10.9088	119.0008	277.1232
0.235	0.545	-35.8688	1286.5672	-17.2638	298.0371	619.2291
52.12	25.11	16.0163	256.5203	7.3013	53.3083	116.9386
7.69	4.34	-28.4138	807.3412	-13.4688	181.4072	382.6977

Trending now

This is a popular solution!

Step by step

Solved in 3 steps with 8 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Correlation, Regression, and Association$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

b. The coefficient of correlation c. The regression equation, with d. For a company with $100 billi