SOLUTION: The following data give the annual production of wheat in lack tons in Faisalabad. Fit a straight line with the help of least squares method and find the trend value for year too.

Algebra ->  Probability-and-statistics -> SOLUTION: The following data give the annual production of wheat in lack tons in Faisalabad. Fit a straight line with the help of least squares method and find the trend value for year too.       Log On


   

Question 135763: The following data give the annual production of wheat in lack tons in Faisalabad. Fit a straight line with the help of least squares method and find the trend value for year too.
Year 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975
Pro 3.6 4.3 5.6 6.2 6.6 5.0 6.3 6.5 6.3 6.4
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The following data give the annual production of wheat in lack tons in Faisalabad. Fit a straight line with the help of least squares method and find the trend value for year too.
Year 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975
Pro 3.6 4.3 5.6 6.2 6.6 5.0 6.3 6.5 6.3 6.4
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Using the Linear Regression function of a TI calculator I get:
Pro = 0.256969...(year after 1966) + 4.52363...
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What do you mean by "trend value for year two"?
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Cheers,
Stan H.