Calculate trend values from 2010 to 2017.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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50. Fit a straight line trend by the method of least squares to the following
data. Assuming the same rate of change continues what would be the predicted sales for
the year 2019?
Year
:
2010
2011
2012
2013 2014
2015
2016
2017
Sales (Rs. lakh) :
76
80
130
144
138
o 120
174
190
Calculate trend values from 2010 to 2017.
Transcribed Image Text:50. Fit a straight line trend by the method of least squares to the following data. Assuming the same rate of change continues what would be the predicted sales for the year 2019? Year : 2010 2011 2012 2013 2014 2015 2016 2017 Sales (Rs. lakh) : 76 80 130 144 138 o 120 174 190 Calculate trend values from 2010 to 2017.
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