Part C
Compulsory Question 20 marks
11. a) Managers at a Department Store feel that its sales are dependent on the disposable income of people living in Cochin. The figures for the past 6 years are shown below. If disposable income rises to Rs. 6000 next year, how much can the store anticipate in terms of sales?
(10 Marks)
Yearly Sales (In Rs. 100 crores) | Disposable Income of people in Cochin (In Rs 000s)
6 | 3
8 | 4
9 | 6
5 | 4
4.5 | 2
9.5 | 5
