A company wants to assess the impact of R & D expenditure on its annual profit. The following table presents the information for the last eight| years. Years 1991 1992 1993 1994 1995 R & D expenditure 1996 1997 1998 "000): 9. 7 10 4 3 2 Annual profit 45 42 41 60 30 34 25 20 Estimate the regression and predict the annual profit for 2002 for an allocated sum of Rs. 100,000 as R & D expenditure.

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A company wants to assess the impact of R & D expenditure on
its annual profit. The following table presents the information for the last eight
years.
Years
1991
1992 | 1993
1994
1995
1996
1997
1998
R & D expenditure
- . "000) :
9.
7
5
10
4
3
Annual profit
"000):
45
42
41
60
30
34
25
20
Estimate the regression and predict the annual profit for 2002 for an allocated
sum of Rs. 100,000 as R & D expenditure.
Transcribed Image Text:A company wants to assess the impact of R & D expenditure on its annual profit. The following table presents the information for the last eight years. Years 1991 1992 | 1993 1994 1995 1996 1997 1998 R & D expenditure - . "000) : 9. 7 5 10 4 3 Annual profit "000): 45 42 41 60 30 34 25 20 Estimate the regression and predict the annual profit for 2002 for an allocated sum of Rs. 100,000 as R & D expenditure.
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