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1. The following table shows sample data for the number of motor registration and the number of tyres sold in a certain territory for the
1. The following table shows sample data for the number of motor registration and the number of tyres sold in a certain territory for the same period. Year Motor No. of Tyres Sold Registration 1 600 1250 2 630 1100 3 720 1300 4 750 1350 5 800 1500 6 830 1650 Using Excel, carry out the following analysis: i) Compute the correlation coefficient between motor registration and sale of motor tyres. Interpret your results (3 Marks) (2 Marks) ii) Obtain a scatter diagram of motor registration and sale of motor tyres. iii) Fit a regression equation of the form = Bo + X to this data. results in the context of the problem. Interpret your (4 Marks) iv) Predict the number of tyres sold when there are 950 motors registered. (1 Marks)
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