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Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations from the fitted lines. In other words the line to be fitted will pass through the points of the scatter diagram in such a fashion that the sum of the squares of the vertical deviations of these points from the line will be a minimum
how are financial instruments recognised in financial reports in the past and present?
Transition towards IFRS Over the last few years, there has been a tremendous change in the world's capital markets. There has thus been a shift away from the local financial re
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SCENARIO It is proposed to construct a 3m diameter, 50m long tunnel, heading 0950, through the andesite lava flow at Maori Bay (Muriwai). As part of the preliminary investigati
what do you mean by correct and remedy the equipment trouble as instructed by the expert.
A testing organization is evaluating the effectiveness of sinus relief tablets, Relief and SineOut. As part of the analysis the organization collects 44 sinus sufferers and random
In a certain lake a limnologist wishes to estimate the proportion of lake trout with lamprey scars. (a) How large of a random sample should be taken if the limnologist has no pr
Least square method
#A________variable is a variable whose values are countable.
Seven years ago, after 15 years in public accounting, Stanley Booker, CPA, resigned his posiition as Manager of Cost Systems for Davis, Cohen, and O''''Brien Public Accountants and
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