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The scatterplot below shows fabricated data for the price

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The scatterplot below shows fabricated data for the price per share versus earnings per share per year of 100 public corporations. The average earnings per share is$9.75 per year with an SD of $5.98 per year, and the average price per share is$52.94 with an SD of $33.16. The correlation between price and earnings is0.891. (Use this figure in your calculations, not the value of the correlation coefficient in the applet.)

The regression line estimate of the price per share of a company whose annual earnings per share is $33.67 is $ ??

 

Reference no: EM13974477

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