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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 girl named Alice fell asleep during a discussion about the difference quotient. She did not think it could possibly have anything to do with real life. While dreaming she saw
Impulse and Momentum Theorem Impulse is known as the change in momentum of any object: j = Δ p Momentum is a product of the mass & the velocity of an object, and is a v
This hypothesis was put forward by Heinsberg after the discovery by Chadwick. According to this hypothesis, a nucleus of mass number A and atomic number Z contains Z protons, and
1. A search engine site claims that, on average, one out of five visitors clicks on an ad. (a) If 8 users visit the site, what is the probability that at least three click on an a
Limitations of mean
A company prepares dinners for several airlines, and sales average 300,000 meals per month. The significant costs of each dinner prepared are for the meat, veg,plastic trays, and u
X purchased a machinery on instalment system for rs.27300 to be paid as follows. on delivery rs.8000, at the end of first year rs.7600, at the end of second years.6000, at the end
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
I was recently buying shoes when the salesperson commented on how large my feet were. After telling him he had lousy sales techniques, I decided to investigate if I really do have
How will the adoption of IFRS change financial reporting by companies? Manager 1: The new rules will definitely change the way our organization prepares financial statements.
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