Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Consider the following data :

Year 2012 2013 2014 2015 2016
Sales (in ₹ crores ) 9 18 21 29 38

A straight line trend by the method of least square is :

Options:

$y= 21.5 + 5.45 x$

$y =6.9+23x$

$y=24+7.3x$

$y=23+6.9x$

Correct Answer:

$y=23+6.9x$