12. Fit a straight line trend by the method of least squares to the following data. Assuming that the same rate of change continues, what would be the predicted eaming for the year 2015? 2004 2005 2006 2007 2008 95 Year 2001 2002 2003 Eamings (Rs. lakh): Do not plot the trend values on the graph. 38 40 65 72 69 60 87
12. Fit a straight line trend by the method of least squares to the following data. Assuming that the same rate of change continues, what would be the predicted eaming for the year 2015? 2004 2005 2006 2007 2008 95 Year 2001 2002 2003 Eamings (Rs. lakh): Do not plot the trend values on the graph. 38 40 65 72 69 60 87
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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