3. Fit a linear trend to the following data by the least squares method. Verijy mar Ey-y)=0, where y, is the corresponding trend value of y. Year 1990 1992 1994 1998 1996 Production (in 000 units) Also estimate the production for the year 1999. 18 21 23 27 16
3. Fit a linear trend to the following data by the least squares method. Verijy mar Ey-y)=0, where y, is the corresponding trend value of y. Year 1990 1992 1994 1998 1996 Production (in 000 units) Also estimate the production for the year 1999. 18 21 23 27 16
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:3. Fit a linear trend to the following data by the least squares method. Verijy tar
EV-y3 0, where y, is the corresponding trend value of y.
Year
1990
1992
1994
1996
1998
Production (in 000 units)
18
21
Also estimate the production for the year 1999.
23
27
16
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