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An Economic Research center has published data on GDP and demand for washing machine: Year: 1992 1993 1994 1995 1996 1997 1998 GDP (billion Rs):

  1. An Economic Research center has published data on GDP and demand for washing machine:

Year: 1992 1993 1994 1995 1996 1997 1998

GDP (billion Rs): 20 22 25 27 30 33 35

Washing Machines: 5 6 8 8 9 10 12 (Million Units)

Forecast the demand for washing machines in the years 1999 and 2000. The Research center has projected GDP for 1999 and 2000 at Rs 38 billion and at Rs 40 billion, respectively.

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