Question

16. The following information is given for ten firms running business of candy in a city
regarding their average annual profit (in lakh RS) and average annual administration
cost (in lakh RS).
Particulars
Profit
(RS in lakh)
X
Administration Cost
(RS in lakh)
Y
25
60
Mean
Standard Deviation
6
3
Covariance = 10.4
Obtain the regression line of Yon X.​

Answer 1

Answer:

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