| Year (t) | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
|---|
| Sales (in Rs. crores) (y) | 6 | 8 | 9 | 11 | 13 | 17 | 20 |
In reference to the above data, which of the following statements are correct? (where x=t−2013)
(A) If the equation of the straight line trend is y=12+2.29x, then the trend value for the year 2017 is 21.16.
(B) If the equation of the straight line trend is y=12+2.29x, then the trend value for the year 2013 is 11.
(C) If the equation of the straight line trend is y=12+2.29x, then the trend value for the year 2015 is 17.
(D) If (y1,y2),(x2,y2),(y3,y3),......,(yn,yn) denote the time series and yt are the trend values of the variable y, then ∑i=1n(y−yt)=0.
Choose the correct answer from the options given below: