Find the trend line equation and obtain the trend values for the followingdata using the method of least square. Also forecast the earning for 2000.Year :1991 |1992 | 1993| 1994 1995| 1996 | 1997 | 199869Earning (in '000 Rs.) :38406572608795

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Answered: Find the trend line equation and obtain…

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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Find the trend line equation and obtain the trend values for the followin data using the method of least square. Also forecast the earning for 2000. Year : Earning (in '000 Rs.) : 38 1991 | 1992 1993 | 1994 | 1995 | 1996 | 1997 | 1998 40 65 72 69 60 87 95