Fit a straight line to the following data & from the forecast profit for the year 1992.
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Year 1961 1962 1963 1964 1965 1966 1967 1968 Value 80 90 92 83 94 99 92 104
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Fit a straight line trend equation by the method of least squares and estimate the trend values. Year 1961 1962 1963 1964 1965 1966 1967 1968 Value 80 90 92 83 94 99 92 104Read more on Sarthaks.com - https://www.sarthaks.com/880949/straight-trend-equation-method-least-squares-estimate-trend-values-year-1961-1962-1963-1964
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