The demand for newspapers over the past 4 years and the corresponding population in a small town are shown below. Using
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The demand for newspapers over the past 4 years and the corresponding population in a small town are shown below. Using
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The demand for newspapers over the past 4 years and the corresponding population in a small town are shown below. Using regression method, forecast the demand of the newspaper in future (i.e. 2019) if the population becomes 61,000. Also find the coefficient of correlation, coefficient of determination and comment on the significance of the found value of these two coefficients. year Newspaper demand Population (no of copies) (no of people) 2015 3500 24567 2016 5100 29333 2017 5400 32000 2018 5600 33500 TI