Question
Find the total revenue R(x)
The revenue function R(x) is given by:
R(x) = xp(x)
where p(x) is the price per unit for x units sold.
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The data of advertisement expenditure (X) and sales (Y) of a company for 10 years shown in Table, determine the correlation coefficient between these variables
Advertisement Expenditure Rs. (X) | Sales Rs. (Y) | ||||||
6 | 60 | ||||||
5 | 55 | ||||||
5 | 50 | ||||||
4 | 40 | ||||||
3 | 35 | ||||||
2 | 30 | ||||||
2 | 20 | ||||||
1.5 | 15 | ||||||
1.0 | 11 | ||||||
0.5 | 10 |
Time series
Inverse matrix
Discuss various preliminary adjustments that are necessary to do before analysing a time series data.
At what rate percent compound interest per annum with Rs. 640 amount to Rs. 774.40 in 2 years?
Explain with example the properties of matrix multiplication.
Positive correlation and negative correlation
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