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.
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.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Fit a straight line trend by the method of least squares to the following
data :
Production of TV sets
(in '000)
Yea
Production of TV sets
Year
(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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa306820b-1340-43d6-be89-d93f440229ea%2F8f4ccbbd-5e18-46ee-8209-16ea456abef6%2Fai5bix2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Fit a straight line trend by the method of least squares to the following
data :
Production of TV sets
(in '000)
Yea
Production of TV sets
Year
(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.
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