. The following data show a hypothetical index of economic activity and the sales revenue for a form over a 14-year period: Index of economic activity Sales revenue (RM'000) 1,188 1,224 1,243 1,239 1,242 1,138 1,481 1,562 1,554 1,566 1,598 1,562 1,609 1,499 103 104 104 105 105 107 108 108 109 109 110 111 112 112 Required: Identify the least squares regression equation that best fits for these data and comment on your result.
. The following data show a hypothetical index of economic activity and the sales revenue for a form over a 14-year period: Index of economic activity Sales revenue (RM'000) 1,188 1,224 1,243 1,239 1,242 1,138 1,481 1,562 1,554 1,566 1,598 1,562 1,609 1,499 103 104 104 105 105 107 108 108 109 109 110 111 112 112 Required: Identify the least squares regression equation that best fits for these data and comment on your result.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![b. The following data show a hypothetical index of economic activity and the sales revenue for a
form over a 14-year period:
Index of economic activity
Sales revenue
(RM'000)
1,188
1,224
1,243
1,239
1,242
1,138
1,481
1,562
1,554
1,566
1,598
1,562
1,609
1,499
103
104
104
105
105
107
108
108
109
109
110
111
112
112
Required:
Identify the least squares regression equation that best fits for these data and comment on your
result.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F583931e9-29ab-4e2b-ba9a-ae24b3254be4%2F6d8ef7ad-0b90-4edc-a002-5b6e9c0c74c9%2Fe92r89_processed.png&w=3840&q=75)
Transcribed Image Text:b. The following data show a hypothetical index of economic activity and the sales revenue for a
form over a 14-year period:
Index of economic activity
Sales revenue
(RM'000)
1,188
1,224
1,243
1,239
1,242
1,138
1,481
1,562
1,554
1,566
1,598
1,562
1,609
1,499
103
104
104
105
105
107
108
108
109
109
110
111
112
112
Required:
Identify the least squares regression equation that best fits for these data and comment on your
result.
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