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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