Corlation, Basic Statistics

Assignment Help:
1. Calculate Karl Pearson’s coefficient of correlation between expenditure on advertising (X) and sales (Y) from the data given below: The management decided to stop further expenses for advertisement, if there is only less correlation between the sales. You are required to advice management. (3 Marks)

X: 39 65 62 90 82 75 25 98 36 78

Y: 47 53 58 86 62 68 60 91 51 84

Related Discussions:- Corlation

Inventory, An audit of the accounting records of Loch Ness Ltd. for the yea...

An audit of the accounting records of Loch Ness Ltd. for the year ending 30 June 2012 discovered that the ending inventory balance was over-valued by $35,000. Upon further investig

Calorimetry, How do I calculate the temperature change of a sample?

How do I calculate the temperature change of a sample?

Statistics, example of descriptive and inferential statistics?

example of descriptive and inferential statistics?

Cost management, if sales is 6800 and variable costs are 2856 what is the v...

if sales is 6800 and variable costs are 2856 what is the variable cost percentage?

Business tax accounting , #questLester rents his vacation home for 6 months...

#questLester rents his vacation home for 6 months and lives in the home during the other 6 months of 2010. The gross rental income from the home is $4,500. For the entire year, rea

Spatial ability test and musical ability test, This question has multiple p...

This question has multiple parts. Use the following information to answer the questions below: Spatial Ability Test Musical Ability Test Mean 80 74 Standard Deviation 6

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd