2. The demand for hand sanitizers is off the charts due to this corona virus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGS like Unilever Bangladesh Limited is producing this life essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table:

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter14A: The Practice Of Revenue Management
Section: Chapter Questions
Problem 1E
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Question:

a) Calculate Regression Analysis of the data.

b) Calculate Profit of a shop for 45 units sales

y = a + bx
where,
r =
n (Σxy) - (Σχ) (Σy)
η Σxy-(Σχ) (Σγ)
b =
ηΣχ- (Σx) ] [n Σy"- (Σy) ?]
nZx? - (Ex)?
and
a =y- ax
Transcribed Image Text:y = a + bx where, r = n (Σxy) - (Σχ) (Σy) η Σxy-(Σχ) (Σγ) b = ηΣχ- (Σx) ] [n Σy"- (Σy) ?] nZx? - (Ex)? and a =y- ax
2. The demand for hand sanitizers is off the charts due to this corona virus outbreak. People are in
desperate need of hand sanitizers. Therefore, FMCGS like Unilever Bangladesh Limited is
producing this life essential product in a bulk amount to help the citizens across Bangladesh to
maintain the hygiene standards. Sales figures and profits for the stores are given in the following
table:
Unit Sales
Profit (Taka)
X
Y
12
1000
13
1550
14
1600
15
1800
17
1900
18
2200
21
2700
25
3500
Transcribed Image Text:2. The demand for hand sanitizers is off the charts due to this corona virus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGS like Unilever Bangladesh Limited is producing this life essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table: Unit Sales Profit (Taka) X Y 12 1000 13 1550 14 1600 15 1800 17 1900 18 2200 21 2700 25 3500
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