Linear Regression for Share Prices
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The following data about share prices for companies of different sizes is given:
Size X Price Share Y
1 9 10.8
2 94.4 11.3
3 27.3 11.2
4 179.2 11.1
5 71.9 11.1
6 97.9 11.2
7 93.5 11
8 70 10.7
9 160.7 11.3
10 96.5 10.6
11 83 10.5
12 23.5 10.3
13 58.7 10.7
14 93.8 11
15 34.4 10.8
a. Calculate the regression line
b. Evaluate and interpret the coefficient of determination
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Solution Summary
The expert examines linear regression for share prices of companies with different sizes.
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