Calculate the trend values by the method of least squares. Also calculate the monthly increase in sales and trend value for 2012. Year 2001 2002 2003 2004 2005 2006 2007 Sales ($ Lakhs) 125 128 133 135 140 141 143

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter4: Writing Linear Equations
Section: Chapter Questions
Problem 12CR
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Calculate the trend values by the method of least squares. Also calculate the monthly increase in sales
and trend value for 2012.
Year
2001
2002
2003
2004
2005
2006
2007
Sales ($ Lakhs)
125
128
133
135
140
141
143
Transcribed Image Text:Calculate the trend values by the method of least squares. Also calculate the monthly increase in sales and trend value for 2012. Year 2001 2002 2003 2004 2005 2006 2007 Sales ($ Lakhs) 125 128 133 135 140 141 143
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