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A survey was conducted to study the retationship between expenditure on accommodation (X) and expenditure on food and entertainment (Y) and the following results were obtained : Expenditure on accommodation Mean $1730 and S.D 630.5 Expenditure on food and entertainment Mean $488 S.D 236.2 Coefficient of correlation 0.67 Write down the regression equation and estimate the expenditure on food and entertainment, if the expenditure on accommodation is dollar 1200.

A survey was conducted to study the retationship between expenditure on accommodation (X) and expenditure on food and entertainment (Y) and the following results were obtained : Expenditure on accommodation Mean $1730 and S.D 630.5 Expenditure on food and entertainment Mean $488 S.D 236.2 Coefficient of correlation 0.67 Write down the regression equation and estimate the expenditure on food and entertainment, if the expenditure on accommodation is dollar 1200.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4PPS
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A survey was conducted to study the retationship between expenditure on accommodation (X) and expenditure on food and entertainment (Y) and the following results were obtained : Expenditure on accommodation Mean $1730 and S.D 630.5 Expenditure on food and entertainment Mean $488 S.D 236.2 Coefficient of correlation 0.67 Write down the regression equation and estimate the expenditure on food and entertainment, if the expenditure on accommodation is dollar 1200.
Transcribed Image Text:A survey was conducted to study the retationship between expenditure on accommodation (X) and expenditure on food and entertainment (Y) and the following results were obtained : Expenditure on accommodation Mean $1730 and S.D 630.5 Expenditure on food and entertainment Mean $488 S.D 236.2 Coefficient of correlation 0.67 Write down the regression equation and estimate the expenditure on food and entertainment, if the expenditure on accommodation is dollar 1200.
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