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CUET · MATHS · PYQ PAPER 2023

The equation of trend line for five years (2004-2008) for the profit of a company is \(y_t=150+8 x\)The predicted profit for the year 2011 is:

  1. A 166
  2. B 184
  3. C 174
  4. D 190
Verified Solution

Answer & Solution

Correct Answer

(D) 190

Step-by-step Solution

Detailed explanation

\(x = 2011 - 2006 = 5\) \(y_t = 150 + 8x\) \(y_t = 150 + 8(5) = 190\)