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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