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The given data represent the total compensation for 10 randomly selected CEOs and their company’s stock performance in 2009. Analysis of this data reveals a correlation coefficient of r = – 0.2308. What would be the predicted stock return for a company whose CEO made $15 million? What would be the predicted stock return for a company whose CEO made $25 million?the compensation and stock performance data:Compensation ($ millions)Stock Return (%)25.94 5.8712.26 30.2919.66 31.8212.97 79.8612.39 -8.2712.23 3.1226.38 4.4414.97 10.7317.08 4.4614.27 11.99table of critical values for the correlation coefficient:Critical Values for Correlation Coefficientn30.99740.95050.87860.81170.75480.70790.666100.632110.602120.576130.553140.532150.514160.497170.482180.468190.456200.444210.433220.423230.413240.404250.396260.388270.381280.374290.367300.361nWhat would be the predicted stock return for a company whose CEO made $15 million?__% (Type an integer or decimal rounded to one decimal place as needed.)
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