The following data shows the percentage of urban Indian households who have a high speed 5G internet connection:
If a straight line trend by the method of least square for the above data is $y = 23+ 6.9 (x-2022)$, then the forecast for the year 2025 is: |
54.6% 43.7% 47.6% 34.8% |
43.7% |
The correct answer is Option (2) → 43.7% Given trend line: y = 23 + 6.9(x − 2022) For the year 2025, x = 2025 y = 23 + 6.9(2025 − 2022) y = 23 + 6.9 × 3 y = 23 + 20.7 y = 43.7% Forecasted percentage of urban households with 5G in 2025 ≈ 43.7% |