Advertisements
Advertisements
Question
An inquiry of 50 families to study the relationship between expenditure on accommodation (₹ x) and expenditure on food and entertainment (₹ y) gave the following results:
∑ x = 8500, ∑ y = 9600, σX = 60, σY = 20, r = 0.6
Estimate the expenditure on food and entertainment when expenditure on accommodation is Rs 200.
Advertisements
Solution
X = Expenditure on accommodation.
Y = Expenditure on food and entertainment
Given, ∑ x = 8500, ∑ y = 9600, σX = 60, σY = 20, r = 0.6, n = 50
∴ `bar x = (sum x)/"n" = 8500/50 = 170`
`bar y = (sum y)/"n" = 9600/50 = 192`
Now, `"b"_"YX" = "r" sigma_"Y"/sigma_"X" = 0.6 xx 20/60 = 0.2`
Also, `"a" = bar y - "b"_"YX" bar x`
= 192 - 0.2 × 170 = 192 - 34 = 158
The regression equation of Y on X is
Y = a + bYX X
∴ Y = 158 + 0.2 X
For X = 200,
Y = 158 + 0.2 × 200 = 158 + 40 = 198
∴ The expenditure on food and entertainment is
₹ 198 when expenditure on accommodation is ₹ 200.
Notes
The answer in the textbook is incorrect.
APPEARS IN
RELATED QUESTIONS
For bivariate data. `bar x = 53`, `bar y = 28`, byx = −1.2, bxy = −0.3. Find the correlation coefficient between x and y.
From the data of 7 pairs of observations on X and Y, following results are obtained.
∑(xi - 70) = - 35, ∑(yi - 60) = - 7,
∑(xi - 70)2 = 2989, ∑(yi - 60)2 = 476,
∑(xi - 70)(yi - 60) = 1064
[Given: `sqrt0.7884` = 0.8879]
Obtain
- The line of regression of Y on X.
- The line regression of X on Y.
- The correlation coefficient between X and Y.
You are given the following information about advertising expenditure and sales.
| Advertisement expenditure (₹ in lakh) (X) |
Sales (₹ in lakh) (Y) | |
| Arithmetic Mean | 10 | 90 |
| Standard Mean | 3 | 12 |
Correlation coefficient between X and Y is 0.8
- Obtain the two regression equations.
- What is the likely sales when the advertising budget is ₹ 15 lakh?
- What should be the advertising budget if the company wants to attain sales target of ₹ 120 lakh?
Two samples from bivariate populations have 15 observations each. The sample means of X and Y are 25 and 18 respectively. The corresponding sum of squares of deviations from respective means is 136 and 150. The sum of the product of deviations from respective means is 123. Obtain the equation of the line of regression of X on Y.
The following data about the sales and advertisement expenditure of a firms is given below (in ₹ Crores)
| Sales | Adv. Exp. | |
| Mean | 40 | 6 |
| S.D. | 10 | 1.5 |
Coefficient of correlation between sales and advertisement expenditure is 0.9.
Estimate the likely sales for a proposed advertisement expenditure of ₹ 10 crores.
The following data about the sales and advertisement expenditure of a firms is given below (in ₹ Crores)
| Sales | Adv. Exp. | |
| Mean | 40 | 6 |
| S.D. | 10 | 1.5 |
Coefficient of correlation between sales and advertisement expenditure is 0.9.
What should be the advertisement expenditure if the firm proposes a sales target ₹ 60 crores?
In a partially destroyed laboratory record of an analysis of regression data, the following data are legible:
Variance of X = 9
Regression equations:
8x − 10y + 66 = 0
and 40x − 18y = 214.
Find on the basis of above information
- The mean values of X and Y.
- Correlation coefficient between X and Y.
- Standard deviation of Y.
For a bivariate data, `bar x = 53`, `bar y = 28`, byx = −1.5 and bxy = −0.2. Estimate y when x = 50.
The equations of two regression lines are x − 4y = 5 and 16y − x = 64. Find means of X and Y. Also, find correlation coefficient between X and Y.
In a partially destroyed record, the following data are available: variance of X = 25, Regression equation of Y on X is 5y − x = 22 and regression equation of X on Y is 64x − 45y = 22 Find
- Mean values of X and Y
- Standard deviation of Y
- Coefficient of correlation between X and Y.
If the two regression lines for a bivariate data are 2x = y + 15 (x on y) and 4y = 3x + 25 (y on x), find
- `bar x`,
- `bar y`,
- bYX
- bXY
- r [Given `sqrt0.375` = 0.61]
If bYX = − 0.6 and bXY = − 0.216, then find correlation coefficient between X and Y. Comment on it.
Choose the correct alternative:
If for a bivariate data, bYX = – 1.2 and bXY = – 0.3, then r = ______
Choose the correct alternative:
If byx < 0 and bxy < 0, then r is ______
Choose the correct alternative:
|byx + bxy| ≥ ______
Choose the correct alternative:
Both the regression coefficients cannot exceed 1
State whether the following statement is True or False:
If byx = 1.5 and bxy = `1/3` then r = `1/2`, the given data is consistent
State whether the following statement is True or False:
Corr(x, x) = 0
State whether the following statement is True or False:
Cov(x, x) = Variance of x
If u = `(x - "a")/"c"` and v = `(y - "b")/"d"`, then bxy = ______
If the sign of the correlation coefficient is negative, then the sign of the slope of the respective regression line is ______
The geometric mean of negative regression coefficients is ______
| x | y | `x - barx` | `y - bary` | `(x - barx)(y - bary)` | `(x - barx)^2` | `(y - bary)^2` |
| 1 | 5 | – 2 | – 4 | 8 | 4 | 16 |
| 2 | 7 | – 1 | – 2 | `square` | 1 | 4 |
| 3 | 9 | 0 | 0 | 0 | 0 | 0 |
| 4 | 11 | 1 | 2 | 2 | 4 | 4 |
| 5 | 13 | 2 | 4 | 8 | 1 | 16 |
| Total = 15 | Total = 45 | Total = 0 | Total = 0 | Total = `square` | Total = 10 | Total = 40 |
Mean of x = `barx = square`
Mean of y = `bary = square`
bxy = `square/square`
byx = `square/square`
Regression equation of x on y is `(x - barx) = "b"_(xy) (y - bary)`
∴ Regression equation x on y is `square`
Regression equation of y on x is `(y - bary) = "b"_(yx) (x - barx)`
∴ Regression equation of y on x is `square`
Mean of x = 53
Mean of y = 28
Regression coefficient of y on x = – 1.2
Regression coefficient of x on y = – 0.3
a. r = `square`
b. When x = 50,
`y - square = square (50 - square)`
∴ y = `square`
c. When y = 25,
`x - square = square (25 - square)`
∴ x = `square`
Mean of x = 25
Mean of y = 20
`sigma_x` = 4
`sigma_y` = 3
r = 0.5
byx = `square`
bxy = `square`
when x = 10,
`y - square = square (10 - square)`
∴ y = `square`
The following results were obtained from records of age (x) and systolic blood pressure (y) of a group of 10 women.
| x | y | |
| Mean | 53 | 142 |
| Variance | 130 | 165 |
`sum(x_i - barx)(y_i - bary)` = 1170
|bxy + byz| ≥ ______.
