Business Statistics

Regression Analysis
 Group Members

1. Pratik Patil (37)

2. Yash Raju (42)
3. Abhishek kapse (21)
Years (X) Gold Rate (Y) X2 XY
2010 18500 4040100 37185000

2011 26400 4044121 53090400

4048144 62472600
2012 31050

2013 29600 4052169 59584800

2014 28007 4056196 56405091

2015 26344 4060225 53082153

2016 28624 4064256 57704976

2017 29240 4068289 58977080

2020 24279.41667

16108 217765 32433500 438502100

 Gold rate (Y)
y = 840.35x - 2E+06
35000

30000

25000

20000

15000

10000

5000

0
2008 2010 2012 2014 2016 2018 2020 2022
 Gold rate (Y)
35000

30000

25000

20000

15000

10000

5000

0
2008 2010 2012 2014 2016 2018 2020 2022
y=na+bx 8a+16108b=217765 .......(1)
xy=ax+bx2 16108a+32433500b=438502100.........(2)

8a+16108b=217765 (1)
8a+16108.0209b=217781.028 (2) / 2013.5

0.0209b=16.028
b =838.889952

8a+16108b =217765
8a+16108(838.889952) =217765
8a =217765-123533063.3
a =-1516912.29

So,y =a + bx
Y=-1516912.29+766.889952x
Y=838.889952x-1516912.29
Thank you