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

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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.

बेरीज

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
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Find

  1. The two regression equations,
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Heights of fathers: 158 166 163 165 167 170 167 172 177 181
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Obtain the two regression lines from the following data N = 20, ∑X = 80, ∑Y = 40, ∑X2 = 1680, ∑Y2 = 320 and ∑XY = 480.


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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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Details Mean SD
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Coefficient of Correlation 0.43

Write down the regression equation and estimate the expenditure on Food and Entertainment, if the expenditure on accommodation is ₹ 200.


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Using the following information you are requested to

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