(b) Use the method of least squares to determine the linear trend line for the following data. Also compute the trend values and make an estimate of the number of bags of fertilizer sold in the 1st and 2nd quarters of 1999. Quarters Years II II IV 1995 1996 72 98 79 106 79 122 101 143 1997' 94 141 128 135 160 1998 125 143 187

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 67E
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the least squares method from
the following data. Plot the actual values and the linear
trend on same graph.
Years
Price in Rs. 3
Use the method of least squares to determine the linear
trend line for the following data. Also compute the trend
values and make an estimate of the nuniber of bags of
fertilizer sold in the 1st and 2nd quarters of 1999.
1995 1996|1997|1998|1999|2000 200120022003
6
2
10
7
9.
14 12 18
(b)
Quarters
Years
II
III
IV
1995
72
98
79
106
1996
79
122
101
143
1997'
94
141
128
160
1998
125
143
135
187
Transcribed Image Text:the least squares method from the following data. Plot the actual values and the linear trend on same graph. Years Price in Rs. 3 Use the method of least squares to determine the linear trend line for the following data. Also compute the trend values and make an estimate of the nuniber of bags of fertilizer sold in the 1st and 2nd quarters of 1999. 1995 1996|1997|1998|1999|2000 200120022003 6 2 10 7 9. 14 12 18 (b) Quarters Years II III IV 1995 72 98 79 106 1996 79 122 101 143 1997' 94 141 128 160 1998 125 143 135 187
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