The marketing Department of Verohay's Company found that profit generated by the depends on the expenditure on research & development (R&D). The 1table below provide a сompany summary of the data....


The marketing Department of Verohay's Company found that profit generated by the<br>depends on the expenditure on research & development (R&D). The 1table below provide a<br>сompany<br>summary of the data.<br>Profit (Y)<br>80 60 40 25 70 10 100 5<br>50 | 90<br>R& D (X)<br>20 | 15<br>12 | 8<br>16<br>30<br>2<br>10 | 25<br>Using a lincar regression equation of the form Ya + ßX + e<br>(a) Find the Values of (a) and (B) .<br>(b) Calculate thc cocflicient of determination and interpret it.<br>(c) Calculate the correlation coefficient and interpret it.<br>

Extracted text: The marketing Department of Verohay's Company found that profit generated by the depends on the expenditure on research & development (R&D). The 1table below provide a сompany summary of the data. Profit (Y) 80 60 40 25 70 10 100 5 50 | 90 R& D (X) 20 | 15 12 | 8 16 30 2 10 | 25 Using a lincar regression equation of the form Ya + ßX + e (a) Find the Values of (a) and (B) . (b) Calculate thc cocflicient of determination and interpret it. (c) Calculate the correlation coefficient and interpret it.

Jun 02, 2022
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