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The performance of a chief executive officer (CEO) is often measured
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Updated on: 18 Nov 2023, 10:25
Updated on: 18 Nov 2023, 10:25
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The performance of a chief executive officer (CEO) is often measured by the return on equity for the CEO's firm. The graph is a scatter plot with 50 points, each representing the return on equity, measured in percent, that each of the 40 CEOs achieved and the corresponding salary, measured in thousands of dollars, that each CEO received. The solid line is the regression line. Select the best answer to fill in the blanks in each of the statements based on the data shown in the graph.
1. The relationship between the return on equity and CEO salary is .
2. The number of CEOs who earned less than $500,000 is closest to % of 50.
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Official Answer
Dropdown 1: positive
Dropdown 2: 5
Originally posted by Sajjad1994 on 08 Oct 2021, 08:00.
Last edited by BottomJee on 18 Nov 2023, 10:25, edited 2 times in total.
Last edited by BottomJee on 18 Nov 2023, 10:25, edited 2 times in total.
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GRE Forum Moderator
Joined: 02 Nov 2016
Posts: 14031
Given Kudos: 5816
GPA: 3.62
Re: The performance of a chief executive officer (CEO) is often measured
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10 Oct 2021, 10:16
10 Oct 2021, 10:16
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Official Explanation
The answer to the first question is C. Based on the scatterplot, there appears to be a positive linear relationship between percent return on equity and CEO salary.
The answer to the second question is B. The graph shows that two CEOs earned less than $50,000. This represents 4% out of 50, as \(\frac{2}{50} =0.04\). The number 2 is closest to of 5% or 50.
Answer: C and B
The answer to the first question is C. Based on the scatterplot, there appears to be a positive linear relationship between percent return on equity and CEO salary.
The answer to the second question is B. The graph shows that two CEOs earned less than $50,000. This represents 4% out of 50, as \(\frac{2}{50} =0.04\). The number 2 is closest to of 5% or 50.
Answer: C and B
General Discussion
Re: The performance of a chief executive officer (CEO) is often measured
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08 Oct 2021, 23:15
08 Oct 2021, 23:15
1. The relationship between the return on equity and CEO salary is equal to slope of the regression line which is positive.
Hence, option C.
2. The number of CEOs who earned less than $500,000 is 2 which closest to 5% of 50.
Hence, option B.
Posted from my mobile device
Hence, option C.
2. The number of CEOs who earned less than $500,000 is 2 which closest to 5% of 50.
Hence, option B.
Posted from my mobile device
