/2. A company wanted to assess the impact of R and D expenditure (X) on annual profit (Y). Following table presents data for past 8 years. Y 45 7 42 5 41 10 60 4 30 5 34 3 25 20 Find the regression equation Y on X. Estimate the profit for an R and D expenditure of Rs 8 lakhs.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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2. A company wanted to assess the impact of R and D expenditure (X) on annual profit ()
Following table presents data for past 8 years.
Y
9.
45
7
42
5
41
10
60
4
30
5
34
3
25
20
Find the regression equation Y on X. Estimate the profit for an R and D expenditure of
Rs 8 lakhs.
CS Scanned with CamScanner
Transcribed Image Text:2. A company wanted to assess the impact of R and D expenditure (X) on annual profit () Following table presents data for past 8 years. Y 9. 45 7 42 5 41 10 60 4 30 5 34 3 25 20 Find the regression equation Y on X. Estimate the profit for an R and D expenditure of Rs 8 lakhs. CS Scanned with CamScanner
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