Question

Method of least square is applicable to hit the trend
only when trend is -​

Answer 1

Answer:

Correct option is

B

63.99

Trend Equation Y

t

=a + bx

For calculating the values of a and b, we may use the following equations -

∑Y=na+b∑X

∑XY=a∑x+b∑x

2

Substtuting the values given in the question you can get the trend values.

Explanation:

Please mark me as.