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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
define standard deviation. their purpose,uses,advantages nd disadvantages,examples ,formula for grouped and ungrouped.
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Method of least squares
In a suburban community, 30% of the households use Brand A toothpaste, 27% use Brand B, 25% use Brand C, and 18% use Brand D. In the four groups of households, the proportions of r
Characteristics of index number
Is Venus geologically active? -It is almost certain that Venus, a planet almost of the same size as earth is geologically active. Recent studies show that there is Volcanic and t
Under this methods the enumerators are appointed and given training. They are provided with schedules containing relevant questions. These enumerators go to respondents with the
Company hopes to improve customer satisfaction, setting a goal of no more than 5% negative comments. A random survey of 350 customers found only 14 with complaints. Does this provi
How to calculate closing stock in Tally while we are posting with inventory.
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