(Solution) - An investment analyst collected data about 20 randomly chosen companies -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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An investment analyst collected data about 20 randomly chosen companies. The data consisted of the 52-week-high stock prices, price-to-earnings (PE) ratio, and the market value of the company. These data are in the file titled Investment.
a. Produce a regression equation to predict the market value using the 52-week-high stock price and the PE ratio of the company.
b. Determine if the overall model is significant. Use a significance level of 0.05.
c. OmniVision Technologies (Sunnyvale, CA) in April 2006 had a 52-week-high stock price of 31 and a PE ratio of 19. Estimate its market value for that time period.