UGC NET
Sajitha C Asked a Question
September 13, 2020 3:02 pmpts 30 pts
  • UGC NET
  • Management

You are given the following information about advertising expenditure and sales (rs. in lakh) advertisement (x) sales (y) aritnmetic mean 10 standard deviation

You are given the following information about advertising expenditure and sales (Rs. in lakh) Advertisement (X) Sales (Y) Aritnmetic mean 10 Standard Deviation 90 3 12 Correlation coefficient between advertising expenditure and sales = 0.80. What is the likely sales for advertising budget of R 15 lakh?
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  • Dr. ashish kumar suri thankyou
    Please find the attach answer
    • cropped7466112553998059218.jpg
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    Sajitha C
    is this formula fixed for similar problems?
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