Multiple Choice Questions on The regression equation of profits X on sales Y of a firm is given as 3Y ndash 5X 110 0 If the sales........... for UGC NET ( Commerce) Preparation

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Multiple Choice Questions

The regression equation of profits X on sales Y of a firm is given as 3Y ndash 5X 110 0 If the sales...........

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    The regression equation of profits (X) on sales (Y) of a firm is given as : 3Y – 5X + 110 = 0. If the sales of the firm is ` 44,000, the profit will be    (2 marks)

    ` 23,370

    Incorrect Answer

    ` 26,422

    Correct Answer

    ` 24,422 

    Incorrect Answer

    ` 21,370

    Incorrect Answer
    Explanation:

    ` 26,422

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