(a) You are given the following trend equation by the method of least squares of a ´company selling readymade garments : Y = 480 + 36 X Origin 1988 X= Unit of one year Y = number of units sold per...


(a) You are given the following trend equation by the method of least squares of a<br>´company selling readymade garments :<br>Y = 480 + 36 X<br>Origin 1988<br>X= Unit of one year<br>Y = number of units sold per year<br>(i) Convert the above trend equation into a monthly trend equation; and<br>(ii) Estimate the sales for the month of Oct. 1994.<br>

Extracted text: (a) You are given the following trend equation by the method of least squares of a ´company selling readymade garments : Y = 480 + 36 X Origin 1988 X= Unit of one year Y = number of units sold per year (i) Convert the above trend equation into a monthly trend equation; and (ii) Estimate the sales for the month of Oct. 1994.

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here