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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
Assumed Means Deviations in F2 Test : When actual means of X and Y variables are in fractions the calculations can be simplified by taking the deviations from assumed means. When d
#qa national poll of 1836 respondents indicated that 36% support the NDP. Test whether this is sufficient evidence to show that the NDP support has increased since the election. Us
Consider the two events A and B with P(A) = 0.4 and P(B) = 0.3. (a) If A and B are independent then compute the probability that Both A and B happen
Foster Company makes 20,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $24.70 Dir
difference between historigrams and histogram?
PC Shopping Network may upgrade its modem pool. It last upgraded 2 years ago, when it spent $115 million on equipment with a life of 5 years and a salvage value of $15 million. The
what is random variable
Which date is used to record a credit card transaction? When a company uses its bank greeting cards, the transaction time frame is the time frame the bank greeting cards is used
Studies have linked brain size in infants and toddlers to a number of future ailments, including autism. One study looked at the brain sizes of 30 autistic boys and 12 nonautistic
When are expenses credited? While common journal cost records are typically debited and have debit account balances, there are times when the cost records are acknowledged.
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