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
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
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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Question
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
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