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(b) The table below shows the HDB resale price index for Q1 from year 2002 to 2022 (4 years interval) Year, t (20xx) 02 06 10 HDB resale price index 69.1 73.6 112.1

(b) The table below shows the HDB resale price index for Q1 from year 2002 to 2022 (4 years interval) Year, t (20xx) 02 06 10 HDB resale price index 69.1 73.6 112.1

MATLAB: An Introduction with Applications
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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(b) The table below shows the HDB resale price index for Q1 from year 2002 to 2022 (4 years interval) (i) Year, t (20xx) 02 06 10 14 18 22 HDB resale price index 69.1 73.6 112.1 143.5 131.4 159.5 Table Q3(b) Use linear regression by minimizing the SSE, obtain the linear function I(t) for estimating the above data set. Plot both the data set and your prediction equation I(t) using a graph plotter. Estimate the year that the price index will hit 200, assuming the trend stays intact.
Transcribed Image Text:(b) The table below shows the HDB resale price index for Q1 from year 2002 to 2022 (4 years interval) (i) Year, t (20xx) 02 06 10 14 18 22 HDB resale price index 69.1 73.6 112.1 143.5 131.4 159.5 Table Q3(b) Use linear regression by minimizing the SSE, obtain the linear function I(t) for estimating the above data set. Plot both the data set and your prediction equation I(t) using a graph plotter. Estimate the year that the price index will hit 200, assuming the trend stays intact.
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