MGT207 Business Statistics

Business StatisticsTU Board 2082

The following table shows the income and expenditure of people: Income (Rs 000)Expenditure (Rs.000)10080806050304035704060509055754095503020 a. Calculate Karl Pearson's correlation coefficient. b.…

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The following table shows the income and expenditure of people: Income (Rs 000)Expenditure (Rs.000)10080806050304035704060509055754095503020 a. Calculate Karl Pearson's correlation coefficient. b. Find out two regression coefficients. c. Estimate the expenditure a person when his/her income is Rs 85 thousand.

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