The Ages of the Runners in a Race and Their

question 47

Short Answer

The ages of the runners in a race and their finishing positions are given in the following table. Assuming x is the finish position and y is the person's age, is there a significant correlation between age and finishing position? ​ Answer significant at 5%, but not at 1%; not significant; or significant at 1%.

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Definitions:

Debt-Equity Ratio

The indicator displaying the equivalent contribution of equity and debt to a company's asset base financing.

Sustainable Growth Rate

The maximum rate at which a company can grow its revenues and profits without needing to increase financial leverage.

Debt-Equity Ratio

An indicator of a firm's use of financial debt, found by dividing the total amount of liabilities by the equity owned by stockholders.

Retention Ratio

The proportion of net income that is retained in the company rather than paid out to shareholders as dividends.