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According to the Results Below, What Is the Correlation Between =0.49+14.8EPS= - 0.49 + 14.8 \mathrm { EPS }

Question 27

Multiple Choice

According to the results below, what is the correlation between stock price and EPS?
The regression equation is: Stock Price =0.49+14.8EPS= - 0.49 + 14.8 \mathrm { EPS }
 Predictor  Coef  SE Coef  T  P  Constant 0.4864.0320.120.906 EPS 14.81290.943715.700.000\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & - 0.486 & 4.032 & - 0.12 & 0.906 \\ \text { EPS } & 14.8129 & 0.9437 & 15.70 & 0.000 \end{array}
S=7.63235RSq=95.0%\mathrm { S } = 7.63235 \mathrm { R } - \mathrm { Sq } = 95.0 \%


A) -0.975
B) 0.906
C) 0.950
D) 0.975
E) Cannot be determined from the information given.

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