Question

    The data about sales and advertisement expenditure of a firm is given below

     

    The correlation coefficient between sales and and advertisement expenditure is 0.9. The likely sales for a proposed advertisement expenditure of Rs. 20 crore is

    A Rs. 54 crores Correct Answer Incorrect Answer
    B Rs. 59 crores Correct Answer Incorrect Answer
    C Rs. 124 crores Correct Answer Incorrect Answer
    D Rs. 5 crores Correct Answer Incorrect Answer
    E Rs. 64 crores Correct Answer Incorrect Answer

    Solution

     

    Practice Next