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The following data relate to advertisement expenditure (in lakh of rupees) and their corresponding sales (in crores of rupees)

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प्रश्न

The following data relate to advertisement expenditure (in lakh of rupees) and their corresponding sales (in crores of rupees)

Advertisement expenditure 40 50 38 60 65 50 35
Sales 38 60 55 70 60 48 30

Estimate the sales corresponding to advertising expenditure of ₹ 30 lakh.

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उत्तर

X Y X2 Y2 XY
40 38 1600 1444 1520
50 60 2500 3600 3000
38 55 1444 3025 2090
60 70 3600 4900 4200
65 60 4225 3600 3900
50 48 2500 2304 2400
35 32 1225 900 1050
338 361 17094 19773 18160

N = 7, ΣX = 338, ΣY = 361, ΣX2 = 17094, ΣY2 = 19773, ΣXY = 18160.

`bar"X" = (sum"X")/"N" = 338/7` = 48.29

`bar"Y" = (sum"Y")/"N" = 361/7` = 51.57

byx = `("N"sum"XY" - (sum"X")(sum"Y"))/("N"sum"X"^2 - (sum"X")^2)`

= `(7(18160) - (388)(361))/(7(17094) - (338)^2)`

= `(127120 - 122018)/(119658 - 114244)`

= `5102/5414`

= 0.942

Regression equation of Y on X

`"Y" - bar"Y" = "b"_"yx"("X" - bar"X")`

Y – 51.57 = 0.942(X – 48.29)

Y – 51.57 = 0.942X – 0.942 × 48.29

Y – 51.57 = 0.942X – 45.48918

Y = 0.942X + 51.57 – 48.29

Y = 0.942X + 6.081

To find the sales, when the advertising is X = ₹ 30 lakh in the above equation we get,

Y = 0.942(30) + 6.081

= 28.26 + 6.081

= 34.341

= ₹ 34.34 crores

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Regression Analysis
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पाठ 9: Correlation and Regression Analysis - Exercise 9.2 [पृष्ठ २२७]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
पाठ 9 Correlation and Regression Analysis
Exercise 9.2 | Q 6 | पृष्ठ २२७

संबंधित प्रश्‍न

From the data given below:

Marks in Economics: 25 28 35 32 31 36 29 38 34 32
Marks in Statistics: 43 46 49 41 36 32 31 30 33 39

Find

  1. The two regression equations,
  2. The coefficient of correlation between marks in Economics and Statistics,
  3. The mostly likely marks in Statistics when the marks in Economics is 30.

Obtain the two regression lines from the following data N = 20, ∑X = 80, ∑Y = 40, ∑X2 = 1680, ∑Y2 = 320 and ∑XY = 480.


For 5 observations of pairs of (X, Y) of variables X and Y the following results are obtained. ∑X = 15, ∑Y = 25, ∑X2 = 55, ∑Y2 = 135, ∑XY = 83. Find the equation of the lines of regression and estimate the values of X and Y if Y = 8; X = 12.


The equations of two lines of regression obtained in a correlation analysis are the following 2X = 8 – 3Y and 2Y = 5 – X. Obtain the value of the regression coefficients and correlation coefficients.


The regression coefficient of X on Y


When one regression coefficient is negative, the other would be


If X and Y are two variates, there can be at most


The lines of regression intersect at the point


The term regression was introduced by


The following data pertains to the marks in subjects A and B in a certain examination. Mean marks in A = 39.5, Mean marks in B = 47.5 standard deviation of marks in A = 10.8 and Standard deviation of marks in B = 16.8. coefficient of correlation between marks in A and marks in B is 0.42. Give the estimate of marks in B for the candidate who secured 52 marks in A.


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