ECO 342 WEEK 3

Complete Problem 3.14 of Chapter 3. 3.14. Table 3-6 gives data on X (net profits after tax in U.S. manufacturing industries [$, in millions]) and Y (cash dividend paid quarterly in manufacturing industries [$, in millions]) for years 1974 to 1986. 1. What relationship, if any, do you expect between cash dividend and after-tax profits? 2. Plot the scattergram between Y and X. 3. Does the scattergram support your expectations in part (a)?

4 Other / Other University of Phoenix / ECO 342 WEEK 3 13 Jun 2015