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- In the area of Russia récords were kept on the relationship between the rain Fall in inches and the yield of wheat (bushels per acre ).the data for a 9 year period is as follow. Rain fall x 13.1,11.4,16.0,15.1,21.4,12.9,9.6,18.2,18.6. yield y : 48.5,44.2,56.8,80.4,47.2,29.9,74.0,74.0,76.8 the equation of the line of least squares is given as ^y= -9.12+4.38x. How many bushels of wheat peen acre can be predicted if it’s is expected that there will be 30 inches of rain?Suppose that "q" is quantity of outputs produced, L is labour employed, and K is the capital invested. Say, for the function q = f (L, K), if L = 3 and K = 5 then q = 10. Question: Is it possible that L = 3 and K = 6 also yields q = 10 for this production function? Why or why not?Estimate f (2.1, 3.8) assuming that f(2, 4) = 5, fx(2, 4) = 0.3, f y(2, 4) = -0.2
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