The equation for yearly sales (in '000 .) for a commodity with year 2000 as origin is Y= 91.6 + 28.8X.Determine the trend equation to given monthly trend values with January, 2001 as origin and calculatethe trend for March, 2001.

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Answered: The equation for yearly sales (in '000…

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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The equation for yearly sales (in '000 .) for a commodity with year 2000 as origin is Y 91.6 + 28.8X. Determine the trend equation to given monthly trend values with January, 2001 as origin and calculate the trend for March, 2001.