The Satellite Shoppe Has Current Sales Per Share of $8

question 89

Multiple Choice

The Satellite Shoppe has current sales per share of $8.40.The sales per share are expected to increase at an annual rate of 12 percent.The historical P/E ratio is 16.2 and the historical P/S ratio is 7.6.What is the expected price of this stock one year from now?

• A)$59.72
• B)$66.67
• C)$71.50
• D)$115.18
• E)$129.00

Interpret the sign and numeric value of a Pearson correlation coefficient in terms of direction and strength of relationship.

Recognize the assumptions of a Pearson correlation, including linearity.

Apply the concept of Pearson correlation to real-world examples, understanding the implications of positive, negative, and nonlinear relationships.

Identify the appropriate statistical measures to describe relationships between variables from scatterplots.

---

Definitions:

Creatively

In a manner that involves the use of imagination or original ideas to create something or solve problems.

Flexible Thinking

The ability to adapt thoughts and behaviors in response to changing circumstances or new information.

Brainstorming

A group discussion technique aimed at generating a wide range of ideas or solutions to a problem, without immediate criticism or evaluation.

Acculturation

The process by which individuals or groups adopt the culture of another group, often through direct contact and interaction.