Question 30 of 31
Q.
You are given the following information about advertising expenditure and sales:
| Advertisement expenditure (₹ in lakhs) X | Sales (₹ in lakhs) Y | |
|---|---|---|
| Arithmetic mean | 10 | 90 |
| Standard deviation | 3 | 12 |
| Correlation coefficient between X and Y is 0.8. | ||
| a. Obtain the two regression equations. | ||
| b. What will be the likely sales when the advertising budget is ₹15 lakhs? |
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2020Subjective· 4mImportance★★★★★
97% · 30/31 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →and ; lines and ; at , lakhs.
Given , , , , .
Regression coefficients:
Line of Y on X: :
Line of X on Y: : …
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.