Cample 15.8 A company wants to assess the impact of R&D expenditure on annual profits. The fol- lowing table gives the information for 8 years: Year R&D Expenditure ('000 Rs) Annual Profit (000 Rs) 1993 45 42 1994 1995 41 1996 60 30 1997 1998 4. 34 1999 25 2000 20 Estimate the regression equation and predict the annual profit for the year 2002 for an allocated sum of Rs 15,000 as R&D expenditure. 97504t532

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Cample 15.8) A company wants to assess the impact of R&D expenditure on annual profits. The fol-
lowing table gives the information for 8 years:
Year
R&D Expenditure ('000 Rs)
Annual Profit (C'000 Rs)
1993
9
45
1994
42
1995
41
1996
60
1997
30
1998
34
1999
25
2000
20
Estimate the regression equation and predict the annual profit for the year 2002 for an allocated sum
of Rs 15,000 as R&D expenditure.
O750 4532
Transcribed Image Text:Cample 15.8) A company wants to assess the impact of R&D expenditure on annual profits. The fol- lowing table gives the information for 8 years: Year R&D Expenditure ('000 Rs) Annual Profit (C'000 Rs) 1993 9 45 1994 42 1995 41 1996 60 1997 30 1998 34 1999 25 2000 20 Estimate the regression equation and predict the annual profit for the year 2002 for an allocated sum of Rs 15,000 as R&D expenditure. O750 4532
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