a. Fit a linear trend curve by the least-squares method to the following data and determine trend values and then estimate levels of production in 2010 and 2025. Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Production (M Tons) 12 16 20 24 26 30 34 40 44 48 55

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a.      Fit a linear trend curve by the least-squares method to the following data and determine trend values and then estimate levels of production in 2010 and 2025.           

Year

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

Production (M Tons)

12

16

20

24

26

30

34

40

44

48

55

 

b.     The amount of output (Kshs M) from a program supporting a youth empowerment project during 2017 to 2021 is shown in the following table

Quarter

Year

I

II

III

IV

2017

20

25

35

40

2018

25

30

45

50

2019

30

40

60

60

2020

40

45

65

80

2021

45

50

70

100

 

By using moving average of a suitable order, compute the trend values.     

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