Fit a straight line trend by the method of least squares to the following data and calculate trend valuęs : Year 1976 1977 1978 1979 1980 : Sales of T.V. Sets (in thousands) : 4 6. 7 8. 10 Estimate the sales for the year 1985.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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Fit a straight line trend bý the method of least
squares to the following data and calculate trend valuęs :
Year
1976
1977
1978
1979
1980
:
Sales of T.V. Sets
(in thousands)
:
4
6.
7
8
10
Estimate the sales for the year 1985.
Transcribed Image Text:Fit a straight line trend bý the method of least squares to the following data and calculate trend valuęs : Year 1976 1977 1978 1979 1980 : Sales of T.V. Sets (in thousands) : 4 6. 7 8 10 Estimate the sales for the year 1985.
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