+3 votes
in Class 12 by kratos

Estimate the sale of a business concern for the year 2012.

1 Answer

+3 votes
by kratos
 
Best answer

Let X and Y be the year and sales.

There are four known values of y.

So, using binominal expansion;

(y-1)4 = 0 : y4<-4y3 + 6y2-4y1 + yo = 0 ……….. (1)

130-4 (76)+ 6(50)-4 y1 + 26 = 0

130-304 +300-4y1 + 26 = 0

152 – 4y1 = 0

∴ -y1= -152/4 y1 = 38

Rewrite equation (1) by increasing suffixes of by ‘ 1’ we get y5

y5 – 4y4 + 6y3 – 4y2 + y1=0

y5 – 4(130) + 6(76) – 4(50) + 38 = 0;

Since y1 = 38

y5 – 520 + 456 – 200 + 38 = 0

∴ y5 = 226.

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