If for the following data:
the equation of the straight line trend is $y = 45.143 + 1.036(x-2003)$, then the trend value for the year 2004 is |
46.18 45.18 48.18 50.18 |
46.18 |
The correct answer is Option (1) → 46.18 ** Given trend equation: $y = 45.143 + 1.036(x - 2003)$ For year 2004: $x - 2003 = 1$ So, $y = 45.143 + 1.036(1)$ $y = 45.143 + 1.036$ $y = 46.179$ The trend value for the year 2004 is 46.179. |