Solutions Statistics

Mr. William Profit is studying companies going public for the first time. He is particularly interes

Question: Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share. A sample of 15 companies that recently went public revealed the following information.

	Size	Price		Size	Price
	($millions)	per Share		($ millions)	Per Share
Company	X	Y	Company	X	Y
1	9	10.8	9	160.7	11.3
2	94.4	11.3	10	96.5	10.6
3	27.3	11.2	11	83	10.5
4	179.2	11.1	12	23.5	10.3
5	71.9	11.1	13	58.7	10.7
6	97.9	11.2	14	93.8	11
7	93.5	11	15	34.4	10.8
8	70	10.7