Fit a regression line = a+bXi by the method of Least squares to the given sample information.

Question

Observations 1 2 3 4 5 6 7 8 9 10
Income (X)(’00 Rs)

Consumption

Expenditure(Y)(’00 Rs) 10

44 5

60 25

39 37

51 96

80 94

70 110

80 30

30 79

50 65

40