The equation for yearly sales (in '000 Rs.) for a commodity with the year, 1997 as origin is Yc 91.6 + 28.8X. Determine the trend equation to give the monthly trend values with Jan '98 as the origin and calculate the trend value for March '98.

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time series,statistic

Illustration 41.
The equation for yearly sales (in '000 Rs.) for a commodity with the year,
1997 as origin is
Ye
trend values with Jan '98 as the origin and calculate the trend value for March
'98.
91.6
+ 28.8X. Determine the trend equation to give the monthly
Transcribed Image Text:Illustration 41. The equation for yearly sales (in '000 Rs.) for a commodity with the year, 1997 as origin is Ye trend values with Jan '98 as the origin and calculate the trend value for March '98. 91.6 + 28.8X. Determine the trend equation to give the monthly
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