Question: rom the following data given below find the trend values for each year using the method of least squares. Year 2011 2012 2013 2014 2015
| rom the following data given below find the trend values for each year using the method of least squares. | ||||||||||
| Year | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Sales (in Millions) | 300 | 316 | 336 | 368 | 284 | 360 | 400 | 420 | 440 | 450 |
Question 11
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The following is the forecated trend value in Millions (Approx) for the year 2024 -
a.
RO 478.10
b.
RO 495.13
c.
RO 512.16
d.
RO 461.07
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Question 12
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The following is the forecated trend value in Millions (Approx) for the year 2029 -
a.
RO 614.34
b.
RO 597.31
c.
RO 580.28
d.
RO 563.25
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Question 13
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The following is the trend value in millions for the year 2011 -
a.
RO 342 Millions
b.
RO 291 Millions
c.
RO 308 Millions
d.
RO 325 Millions
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Question 14
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The value of a = ?
a.
17.03
b.
0
c.
367.40
d.
82.5
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Question 15
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The following is the trend value in millions for the year 2014 -
a.
RO 325 Millions
b.
RO 342 Millions
c.
RO 308 Millions
d.
RO 291 Millions
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