Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th

Given the following data, what will be the possible yield when the rainfall is 29. Details Rainfall Production Mean 25 40 units per acre Standard Deviation 3 6 - Business Mathematics and Statistics

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Sum

Given the following data, what will be the possible yield when the rainfall is 29.

Details Rainfall Production
Mean 25`` 40 units per acre
Standard Deviation 3`` 6 units per acre

Coefficient of correlation between rainfall and production is 0.8.

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Solution

`bar"X"` = 25, σx = 3, `bar"Y"` = 40, σy = 6, r = 0.8

byx = `"r"(sigma_"y")/(sigma_"x") = 0.8 xx 6/3` = 1.6

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

Y − 40 = 1.6 (X − 25)

Y − 40 = 1.6X − (1.6)(25)

Y − 40 = 1.6X − 40

∴ Y = 1.6X

To find the yield when the rainfall is 29″

Put X = 29 in the above equation we get yield,

Y = 1.6 × 29 = 46.4 units/acre

Concept: Regression Analysis
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 11th Business Mathematics and Statistics Answers Guide
Chapter 9 Correlation and Regression Analysis
Exercise 9.2 | Q 5 | Page 227
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