Sajitha posted an Question
September 13, 2020 • 20:32 pm 30 points
  • 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 best-answer

    Please find the attach answer

    cropped7466112553998059218.jpg
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    is this formula fixed for similar problems?

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    yes for similar problems the formula remains same

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