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 : |
5.9 thousands 13.0 thousands 18.9 thousands 262.99 thousands |
18.9 thousands |
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 |