Calculate the trend values by the method of least square from the foll

Question

Calculate the trend values by the method of least square from the following data and estimate the sales for the year 2025.

Year	2016	2017	2018	2019	2020
sales of T.V.(000)	12	18	20	23	27

17 Aug 2021

Answer :

Word Count : 271

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Mid- valus	115	125	135	145	155	165	175	185	195
frequency	6	25	48	72	116	60	60	22	3