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BP Carroll corporation has registered the demand of personal care products with respect to average selling price for the last 4 Quarters as follows. Quarterly

  1. BP Carroll corporation has registered the demand of personal care products with respect to average selling price for the last 4 Quarters as follows.

Quarterly Demand (Metric Ton)

Average Selling Price per Metric Ton ($ 000)

2,238

23

3,327

20

2,859

24

3,299

21

  1. Using the given data and formula given above, fill in details for all the columns in following spreadshet and values of b1 and b0. (7 marks)

Y

X

(X-X1)

(Y-Y1)

(X X1)2

(X X1)(Y Y1)

b1=

b0=

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