Question

The following data gives the expenditure on advertising, expressed in hundreds of Rs. (x) and the expenditure on office staff, expressed in thousands of Rs. (y) for 7 different companies.  Find the two regression equations and hence estimate the expenditure on advertising when expenditure on office staff is Rs.97,000.  Also obtain the most likely expenditure on office staff when the advertising expenditure is Rs.13,200​

Answer 1

Answer:

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