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April 24, 2014

Homework Help: Statistics 15.59

Posted by Julia Brown on Wednesday, June 16, 2010 at 12:16am.

Computer database GROWCO describes the characterisitics of 100 companies identified by Fortune as the fastest growing. Two of the variables listed are revenue and net income (millions of dollars) for the most recent four quarters. Determine the linear regression equation describing net income as a function of revenue, then identify and interpret the slope, the coeffiecient of correlation, and the coefficient of determination. At the 0.05 level of significance, could the population slope and the population coefficient of correlation be zero? Determine the 95% confidence interval for the population slope.

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