4. A study of prices of a certain commodity at Hapur and Kanpur yield the following data : Нарur Каприr Rs. Rs. Average price per kilo 2-463 2-797 Standard deviation 326 -207 r between prices at Hapur and Kanpur + 0-774 Estimate from the above data the most likely price (a) at Hapur corresponding to the price of Rs. 2-334 per kilo at Kanpur, (b) at Kanpur corresponding to the price of 3:052 per kilo at Hapur.

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4.
A study of prices of a certain commodity at Hapur and Kanpur
yield the following data :
Нариr
Каприг
Rs.
Rs.
Average price per kilo
2.463
2-797
Standard deviation
326
207
r between prices at Hapur and Kanpur
+ 0-774
Estimate from the above data the most likely price (a) at Hapur
corresponding to the price of Rs. 2:334 per kilo at Kanpur, (b) at Kanpur
corresponding to the price of 3-052 per kilo at Hapur.
Transcribed Image Text:4. A study of prices of a certain commodity at Hapur and Kanpur yield the following data : Нариr Каприг Rs. Rs. Average price per kilo 2.463 2-797 Standard deviation 326 207 r between prices at Hapur and Kanpur + 0-774 Estimate from the above data the most likely price (a) at Hapur corresponding to the price of Rs. 2:334 per kilo at Kanpur, (b) at Kanpur corresponding to the price of 3-052 per kilo at Hapur.
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