The following calculations have been made for prices of twelve stocks(X) on the Calcutta Stock Exchange on a certain day along with thevolume of sales in thousands of shares (Y). From these calculations findthe regression equation of prices on stocks, on the volume of sales ofshares.ΣΥ= 370 ΣΥ-370, ΣΧΥ-11494,Σ(Χ)241658, Σ (Υ) ?17206

Given∑Y=370∑X=370∑XY=11494∑(X)2=41658∑(Y)2=17206

Answered: The following calculations have been…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section4.3: Fitting Linear Models To Data

Problem 34SE: For the following exercises, consider this scenario: The profit of a company decreased steadily...

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Similar questions

For the following exercises, consider this scenario: The profit of a company decreased steadily overa ten-year spam.The following ordered pairs shows dollars and the number of units sold in hundreds and the profit in thousands ofover the ten-year span, (number of units sold, profit) for specific recorded years: (46,600),(48,550),(50,505),(52,540),(54,495). Use linear regression to determine a function Pwhere the profit in thousands of dollars depends onthe number of units sold in hundreds.
bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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The following calculation have been made for the price of 12 stocks(x) on NSEo on a certain day along with volume of sales on share (y) . From these calculations.calculatep the regression equation of price of stocks on volume of shares sigma X=580, sigma Y= 370, sigma XY=11494, sigma X square=41658 Sigma Y square = 17206 ?
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