Fit a straight line trend by the method of least squares to the followingdata :Production of TV sets(in '000)YeaProduction of TV setsYear(in '000)200717201335200820201455200919.201550201026.201674201124201769201240Estimate the production for 2022.

By secular trend mean smooth secular trend observes over a long period of time. Smoothing…

Answered: Fit a straight line trend by the method…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

58. Fit a straight line trend by least squares method and tabulate the trend Pvalues from the following figures of production of a cement factory : Year Production ('000 tonnes) : 2008 77 2009 88 2010 94 2011 2013 2012 91 2014 90 85 98
2. Table below records the quarterly refrigerator sales for the period 2012-2014. Number of 1 2 3 4 purchases 2012 46 41 60 63 2013 56 52 66 72 2014 58 56 75 76 a) Find the trend equation using the least squares method. b) Forecast the sales for the 1" quarter of 2015.
Short Case:2 Annual sales of Macro company as follows: Year 2016 2017 2018 2019 2020 Sales (in Millions) 200 250 300 350 400 a) Find the trend values for the years 2019 and 2020 by using the method of least squares. b) Estimate the annual sales for the years 2021 and 2022.
he following data represents the annual sales of a Digitech Automation products SAOG. Year 2014 2015 2016 2017 2018 Sales (in Millions) OMR 380 440 520 396 514 Use method of least squares to calculate the trend values and the forecast for the future period. Which of the following is the annual sales forecast for the year 2020 using least squares method? a. 584.4 Million OMR b. 539.6 Million OMR c. 606.8 Million OMR d. 562 Million OMR
15. Fit a straight line trend by the method of least squares. Year: 1987 1988 1989 1990 1991 1992 1993 1994 1995 Death: 175 190 185 195 180 200 185 190 205 Estimate the number of death for year 2002. CS Scanned with CamScanner
Table 7 gives the number of visitors per year at YosemiteNational Park.(a) Find the least-squares line for these data.(b) Estimate the number of visitors in 2017.
Lse five decimal places Fit the following data by the equation y=- ax using the Least squares method 2 4 10 13 15 32 40 124
The sales by Walker's Milk and Dairy products, in millions of dollars, for the seven-year period from 2014 to 2020 are reported in the following table. Year 2014 2015 2016 2017 2018 2019 2020 Y' = Sales ($ millions) $17.8 a. Determine the least squares trend equation. (Round the final answers in millions of dollars to 2 decimal places.) 19.7 22.4 t Estimate sales for 2021 24.0 24.7 27.5 29.2 b. Estimate sales for 2021. (Round the intermediate calculations and the final answer in millions of dollars to 2 decimal places.) ($ million).
7. Fit a straight line trend by the method of least squares to the following data. Year: 1989 1990 1991 1992 1993 1994 1995 1996 Earnings: 38 40 65 72 69 60 87 95 (Rs lakhs) Fore cast the earnings for the year 1997.
Fit a straight line trend .by. the method of least sqúåres to the following data and estimate the value for 1987 from the same : Year 1978 1979 1980 1981 1982 1983 1984 1985 Value 380 400 650 720 690 695 600 850 :

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS

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