The trend line equation of sales (in millions rupees) is Y… – BBS Business Statistics 2083 Solved

BBS Business Statistics · 2083 · Solved Question with Answer

The trend line equation of sales (in millions rupees) is $Y = 50 + 2.5X$ . Estimate the sales for the year 2022, when year of origin is assumed to be 2015.

Solution

The trend line equation of sales (in millions rupees) is Y = 50 + 2.5X . Estimate the sales for the year 2022, when year of origin is assumed to be…

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