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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
Definition of brokerage is termed as a fee paid to a broker for services. BROKERAGE is a fee which is paid to the broker for his/her services to act as an intermediary between the
In November and December 2010, Lane Co., a newly organized magazine publisher, received $90,000 for 1,000 three-year subscriptions at $30 per year, starting with the January 2011 i
APPROVING MANAGER An individual within an agency who is responsible for assigning buy card custodians and developing buy card limits within the organization.
Consider a person who repeatedly plays a game of chance (gambling)with two results possible (win or lose) with a probability p = 0, 3 to win. If the person has bet x amount and if
03 (a) Explain the term capital rationing and suggest the criteria to be used in ranking projects under capital rationing. (05) (b) There are three projects X Y and Z having follow
what are the biomechanical techniques for swimming freestyle?
systolic blood pressure in different age groups. the following table contains a random sample of 40 women partitioned into three groups...
YTM can be determined using the price formula of a bond. Part a The present value (price) formula for a zero coupon bond is: PV = F/(1+i) n Plugging in the given inf
Meaning and solving example using north-west corner in Transportation problem
A machine that cuts corks for wine bottles operates in such a way that the distribution of the diameter of the corks produced is well approximated by a normal distribution with mea
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