Question

Q. 3. Find the regression equations between Sales and profit.
Sales
10
20
30
25
15
18
22
35
42
Profit
22
25
26
10
12
15
16
29
40
​

Answer 1

Answer:

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. ... These records provide information about a company's ability or inability to generate profit by increasing revenue, reducing costs, or both