In a trend line based on five observations if the average of
In a trend line based on five observations if the average of Y is 100 and the slope of line is 22, then the intercept is? a)32 b)34 c)36 d)38
Solution
Let line be Y=22x+C
Put x= 1 , Y=22+C
x=2 , Y=44+C
x=3, Y= 66+C
x=4, Y=88+C
x=5 , Y=110+C
Average of Y =100
100=( 22+C+44+C+66+C+88+C+110+C)÷5
500= (5C+330)
5C=170
C=34
Hence Y=22x+34
Put x=0
Y=34 is intercept of line.
Ans Y=34
