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Q1) Mr. Allen Profit is examining companies going public for first time. He is examining companies going for first time. He is particularly interested in relationship between Sales, (X), and the /units sold,(Y). A sample of 10 companies which recently revealed following information:
Sales(X)
14
35
22
29
6
15
17
20
12
Units sold(Y)
28
66
38
70
27
47
68
XY
Y^
e
a) Interpret the meaning of b1.
b) Write down the name of 4 parts of the regression equation.
c) What is another name of r2 since r2 is the symbol?
d) Complete table and sum each column.
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