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For a given data of 5 observation ∑y=311\sum y = 311, ∑x2=10\sum x^2 = 10 and ∑xy=90\sum xy = 90. The equation of the trend line is :

Solution

✅ Correct Option: 1

Using coded x with ∑x=0\sum x = 0:

a=∑yn=3115=62.2a = \frac{\sum y}{n} = \frac{311}{5} = 62.2.

b=∑xy∑x2=9010=9b = \frac{\sum xy}{\sum x^2} = \frac{90}{10} = 9.

Trend line: yt=a+bx=62.2+9xy_t = a + bx = 62.2 + 9x.

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