Q. 4 Fit a straight line trend by the method of least squares and obtain the trend values from the following data. Year : 2003 2004 2005 2006 2007 2008 2009 2010 Sales in 76 80 130 144 138 120 174 190 Rs. Ls.

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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Q. 4
Fit a straight line trend by the method of least squares
and obtain the trend values from the following data.
Year :
2003
2004
2005
2006
2007
2008
2009
2010
Sales in
Rs. Ls.
76
80
130
144
138
120
174
190
Scanned with CamScanner
Transcribed Image Text:Q. 4 Fit a straight line trend by the method of least squares and obtain the trend values from the following data. Year : 2003 2004 2005 2006 2007 2008 2009 2010 Sales in Rs. Ls. 76 80 130 144 138 120 174 190 Scanned with CamScanner
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