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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
Q. What is Inference? Ans. Inference is the process of deriving conclusions based on facts or premises. We often make inferences based on the results of statistical studi
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
Explain randomization,blocking and replications.
Glaser Services acquired 30% of the outstanding common stock of Nickels Company on January 1, 2008, by paying $800,000 for the 45,000 shares. Nickels declared and paid $0.30 per sh
The fluctuations in the stock market induce some investors to sell and move their money into more stable investments. To determine the degree to which recent fluctuation affected o
A certain manufactured item is visually inspected by two different inspectors. When a defective item comes through the line, the probability that it gets by the first inspector is
Write a sample Results section, discussing your data screening activity.
I need to conduct an analysis' on an alcohol and substance abuse study. the data set is too large to upload . The data set is the SPSS version that I need to work from. Here is the
Bob Smith recently completed his MBA and accepted a job with a computer company. To ensure that his retirement is comfortable, he intends to invest $3,000 of his salary into a tax
Design an investigation that details the following six components: Note: If one or more of the following components do not apply to your investigation, explain why each does n
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