The following data 2022 o expenditure in the advertisement expenditure and sales of products manufactured by a company: Advertisement 1 1.75 1.25 2. 2.5 3.5 Rs. lakhs Sales in Rs. 10 12 11 12 14 20 lakhs Obtain a linear regression equation of sales on advertisement expenditure and estimate the sales if the advertisement expenditure is B

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Question
2
6026
The following data show the advertisement expenditure and sales of products manufactured by a company:
Advertisement 1
2022
1.75
1.25
2.
2.5
3.5
expenditure in
Rs. lakhs
Sales in Rs.
10
12
11
12
14
lakhs
Obtain a linear regression equation of sales on advertisement expenditure and estimate the sales if the advertisement expenditure is Rs. 4
lakhs.
20
Transcribed Image Text:6026 The following data show the advertisement expenditure and sales of products manufactured by a company: Advertisement 1 2022 1.75 1.25 2. 2.5 3.5 expenditure in Rs. lakhs Sales in Rs. 10 12 11 12 14 lakhs Obtain a linear regression equation of sales on advertisement expenditure and estimate the sales if the advertisement expenditure is Rs. 4 lakhs. 20
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