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Consider the following data for supply (x) and price (y) of a commodity for the last seven years. Year 2017 2018 2019 2020 2021 2022 2023 x 80 84 86…

Class 12 Mathematics · 2081 · Solved Question with Answer

Consider the following data for supply (x) and price (y) of a commodity for the last seven years. 

Year  2017 2018 2019 2020 2021 2022 2023
x 80 84 86 88 92 96 97
y 12 14 15 16 18 20 22

Find the likely price (y) when the supply (x) is 120.

Solution

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