Fit a straight line trend by the method of least squares to the following data. Also predict the sales for the year 2000.
Year 1993 1994 1995 1996 1997 1998 1999
Sales(in lakh rs. 25 30 38 50 60 80 95
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Fit a straight line trend by the method of least squares to the following data. Also predict the sales for the year 2000.
Year 1993 1994 1995 1996 1997 1998 1999
Sales(in lakh rs. 25 30 38 50 60 80 95
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