A recent article in Bloomberg Businessweek listed the "Best Small Companies. We are interested in the current results of

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A Recent Article In Bloomberg Businessweek Listed The Best Small Companies We Are Interested In The Current Results Of 1 (31.6 KiB) Viewed 87 times

A recent article in Bloomberg Businessweek listed the "Best Small Companies. We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS Sales ($ millions) Click here for the Excel Data File $91.7 20.3 19.0 76.2 60.3 48.0 Earnings (5 millions) 5.2 4.6 1.3 8.6 7.2 4.1 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide Daig Cobra Golf b. The coefficient of correlation is c. The regression equation, with the coefficients, is 9= d. For a small company with $50 million in sales, an estimate of the earnings is Sales (5 millions) ($ millions). $18.7 12.67 21.5 51.9 30.2 75.4 Earnings ($ millions) 2.7 1.8 Let sales be the independent variable and earnings be the dependent variable. (Do not round intermediate calculations. Round your answers to 3 decimal places.) 3.6 8.8 6.2 14.0