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Estimate the trend and plot on the graph

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Reference no: EM131619416

Least squares method for estimating the trend values.

Problem:

Below are given the figures of production (in thousand quintals ) of sugar factory:

Year : 1973  1975  1976  1977  1978  1979  1982

Production : 77       88      94      85      91      98      90

Estimate the trend and plot on the graph.

Reference no: EM131619416

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