International Journal of Statistics and Applied Mathematics
2021, Vol. 6, Issue 3, Part A
Estimation of population trend of Odisha by using least square method
Author(s): Dr. Deepak Kumar Routray
Abstract: The least square method enables us to compare the trend values for all the given time period in the series. The least squares method is a form of mathematical regression analysis that find the line of best fit for a database and visual demonstration of the relationships between the data point. Each point of data is representative of the relationship between a known independent variable and unknown dependent variable. The objective of this research work is to estimate population trend by using last square method taking 7 years growth of population in Odisha that is from 2011 to 2017 usingcensus data wherepopulation given in crores. The least square method enable us to estimate the trend values for all the given time periods in series. The fund equation can be used to estimate or predict the values of the variable for any period in future.