Illustration 22. Given below are the data relating to the vearly sales of a retail shop : 1998 140 Year : 1992 1993 1994 1995 1996 1997 Sales (in '000 Rs.) : 120 130 135 145 150 125 For the above data, (i) Fit a straight line by the method of least square and compute the trend values thereby.

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Illustration 22.
Given below are the data relating to the vearly sales of a retail shop:
1998
140
Year :
1992
1993
1994
1996
1997
1995
Sales (in '000 Rs.) :
120
130
145
150
135
125
For the above data,
(1) Fit a straight line by the method of least square and compute the
trend values thereby./
Transcribed Image Text:Illustration 22. Given below are the data relating to the vearly sales of a retail shop: 1998 140 Year : 1992 1993 1994 1996 1997 1995 Sales (in '000 Rs.) : 120 130 145 150 135 125 For the above data, (1) Fit a straight line by the method of least square and compute the trend values thereby./
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