Illustration 12.25 Trend equation for yearly sales (in '000 R$) for a commodity with year 1979 as origin is y=81.6+28.8x. Deter- mine the trend equation to give monthly sales with Jan. 1980 as origin, and calculate trend value for March 1980.

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Illustration 12.25 Trend equation for yearly sales (in '000 Rs)
for a commodity with year 1979 as origin is y=81.6++28.8x. Deter-
mine the trend equation to give monthly sales with Jan. 1980 as
origin, and calculate trend value for March 1980.
Transcribed Image Text:Illustration 12.25 Trend equation for yearly sales (in '000 Rs) for a commodity with year 1979 as origin is y=81.6++28.8x. Deter- mine the trend equation to give monthly sales with Jan. 1980 as origin, and calculate trend value for March 1980.
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