Statistics & Applications > Trends & Data
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If $y = a + b(x - 2022)$ is a straight line trend using the least square method for the following data | Year ($x$) | 2020 | 2021 | 2022 | 2023 | 2024 | |---|---|---|---|---|---| | Profit (Rs. '000) ($y$) | 2 | 3 | 4 | 5 | 2 | Then the value of $\frac{a}{b}$ is:
✅ Correct Option: 3
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