Consider the following data : Yea

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Consider the following data :

Year	2008	2009	2010	2011	2012
Profit (in lakh ₹)	10	12	15	20	25

The best fitted trend line equation by the method of least squares is :

Options:

$y=3.8 + 16.4 x$

$y=16.4+5.8x$

$y=3.4+6.4x$

$y=16.4+3.8x$

Correct Answer:

$y=16.4+3.8x$