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(a)The data about the Spencer's sales and advertisement expenditure of given below: Sales(In crores of Rs.): MEAN - 40 STANDARD DEVIATION - 10 Advertisement expenditure(In

(a)The data about the Spencer's sales and advertisement expenditure of given below:

Sales(In crores of Rs.):

MEAN - 40

STANDARD DEVIATION - 10

Advertisement expenditure(In crores of Rs.):

Mean - 6

Standard deviation - 1.5

Coefficient of correlation = r = 0.9

(i)Predict the likely sales for a proposed advertisement expenditure of Rs 10 Crores in the print media.

(ii)Estimate the advertisement expenditure if Spencer's proposes a sales target of 60 crores of rupees?

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