49. Fit a straight line trend by the method of least squares to the following data : Production of TV sets (in '000) Production of TV sets (in '000) Year Year 2007 2008 2013 2014 2015 35 55 50 17 20 2009 2010 19 26 74 2016 2017 69 2011 2012 Estimate the production for 2022. 24 40

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49. Fit a straight line trend by the method of least squares to the following
data :
Production of TV sets
(in '000)
Production of TV sets
(in '000)
Year
Year
2007
2008
2013
35
55
50
17
2014
2015
20
2009
19
2010
26
2016
74
2011
24
2017
69
2012
40
Estimate the production for 2022.
Transcribed Image Text:49. Fit a straight line trend by the method of least squares to the following data : Production of TV sets (in '000) Production of TV sets (in '000) Year Year 2007 2008 2013 35 55 50 17 2014 2015 20 2009 19 2010 26 2016 74 2011 24 2017 69 2012 40 Estimate the production for 2022.
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