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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
A study looked at the relationship between coronary heart disease (CHD) and coffee consumption in a group of 40-55 year old men. Among the 790 heavy coffee drinkers (at least 100 c
How to audit good?
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What are the salient features of a Promissory Note? Ans. a) A Promissory Note is made by the promiser who undertakes to pay the mentioned amount of Bill to the bearer of the Promi
Test the null at 1? significance level
A business starts out with a cash balance of £1,000. It then makes the following transactions: Buys inventory on credit for £500 Sells a non-current asset for £100 cash Sells goods
The Equity accounts of Blydskap Ltd are shown below: Ordinary Share Capital (R2 par value) R200 000 Share Premium
Distinction between Management and Financial Accounting The variations between control sales and financial sales include Control sales provides details to individuals within a
Question: Imagine that your client, Hillside County Forest Preserve (HCFP), is considering how best to protect their natural lagoons. They have asked for your help, and you ha
What according to you are the biggest challenges of moving to IFRS? Manager 1: Well, there are going to be a lot of changes. IFRS is known to be more principle based than the
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