We have collected price per share and dividend information from a sample of 30 companies.
The slope in this instance indicates:
A) For each additional dollar in stock price, we can anticipate an additional $2.73 in dividend
B) For each additional dollar in stock price, we can anticipate an additional $3.68 in dividend
C) For each additional dollar in stock price, we can anticipate an additional $0.27 in dividend
D) For each additional dollar in dividend, we can anticipate an additional $2.71 in stock price
E) For each additional dollar in dividend, we can anticipate a drop of $3.68 in stock price
Correct Answer:
Verified
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