Question

The following table shows the information as:

Statistical Measures Advertisement Expenditure (X) (Rs. Lakhs) Sales (Y) (Rs Lakhs)
Mean 20 100
Standard Deviation 03 12

equation

(i) the expected advertising expenditure of the company if sale is Rs. 125 lakhs, and

(ii) the expected sales of the company if the advertising expenditure is Rs 32 lakhs.

20 Feb 2025
Answer :
Word Count : 236
We will use the formula for the regression line in statistics: \[ Y - \bar{Y} = r \times \frac{\sigma_Y}{\sigma_X} \times (X - \bar{X}) \] \[ X - \bar{X} = r \times \frac{\sigma_X}{\sigma_Y} \times (Y - \bar{Y}) \] where: - ______ ___ _______ __________ _________ ________ __________ ________ _________ ________ __________.
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