Basic MathematicsTU Board 2023
The following table shows annual profits in thousand rupees in an industrial concern. Year2014201520162017201820192023Profit('000'Rs)15171920242826 a. Determine the equation of the trend line by…
10The following table shows annual profits in thousand rupees in an industrial concern. Year2014201520162017201820192023Profit('000'Rs)15171920242826 a. Determine the equation of the trend line by least square method. b. Estimate the profit in the year 2023 and 2024.
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