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Based on the data available for the production (yiy_i in thousand tons) of a cloth factory for 7 years (xix_i) using the method of least squares, the straight line trend is given by y−a+bxy - a + bx with ∑yi=608,∑xi=0,∑xiyi=116,∑xi2=28\sum y_i = 608, \sum x_i = 0, \sum x_iy_i = 116, \sum x_i^2 = 28. Then, the increase in production per year is:

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✅ Correct Option: 2

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