Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The straight line trend for the sales of a cosmetic item (in thousands) in a district with an origin year 2013 is $y=5.9+1.3x$. The predicted sales of cosmetic items inn 2023 is :

Options:

5.9 thousands

13.0 thousands

18.9 thousands

262.99 thousands

Correct Answer:

18.9 thousands

Explanation:

The correct answer is Option (3) → 18.9 thousands

The given straight line trend equation,

$y=5.9+1.3x$

$x=Year-2013$

$=2023-2013=10$

$⇒y(10)=5.9+1.3×10$

= 18.9 thousands unit