Fit a regression equation to estimate β0 ,β1 and β2 to the following data of a transport
company on the weights of 6 shipments, the distances they were moved and the damage
of the goods that was incurred. (10)
| weight X1 (1000) | 4.0 | 3.0 | 1.6 | 1.2 | 3.4 | 4.8 |
| Distance X2 (100KM) | 1.5 | 2.2 | 1.0 | 2.0 | 0.8 | 1.6 |
| Damage Y (Rs) | 160 | 112 | 69 | 90 | 123 | 186 |
Estimate the damage when a shipment of 3700 kg is moved to a distance of 260 km
Team Answered question May 13, 2024
we need answer to the question
hey Ajink U have used direct method with formula
Fit a regression equation to estimate β0 ,β1 and β2 to the following data of a transport
company on the weights of 6 shipments, the distances they were moved and the damage
of the goods that was incurred. (10)
| weight X1 (1000) | 4.0 | 3.0 | 1.6 | 1.2 | 3.4 | 4.8 |
| Distance X2 (100KM) | 1.5 | 2.2 | 1.0 | 2.0 | 0.8 | 1.6 |
| Damage Y (Rs) | 160 | 112 | 69 | 90 | 123 | 186 |
Estimate the damage when a shipment of 3700 kg is moved to a distance of 260 km
Solution :
Ajink Gupta Answered question May 13, 2024
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