Given below are the figures of production (in thousand mounds) of a Sugarfactory :Year2001 2002 2003200420052006200750Fit a Straight line trend by the 'Least Squares' Method and tabulate the trend.Production (000) mounds404546424746

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Answered: Given below are the figures of…

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 5EQ

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Given below are the figures of production (in thousand mounds) of a Sugar factory : Year 2001 2002 2003 2004 2005 2006 2007 50 Fit a Straight line trend by the 'Least Squares' Method and tabulate the trend. Production (000) mounds 40 45 46 42 47 46