The following table shows the yearly profit of a company [in million Rs]. Year 2008 2009 2010 2011 2012 2013 2014 Profit 150 180 170 190 160 170 210…
BBA Business Mathematics - I · 2025 · Solved Question with Answer
The following table shows the yearly profit of a company [in million Rs].
| Year | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| Profit | 150 | 180 | 170 | 190 | 160 | 170 | 210 |
Obtain the equation of trend line by least squares method. Also, estimate the profit of the company for the years 2015.