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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
names of assets and liabilities
uses of time series with example
Proton-electron hypothesis: this was put forward in the year 1930 to account for the emission of alpha and beta particles from the nuclei of radioactive elements. The positive char
discuss the considerations to be borne in mind when constructing index numbers
What are the uses of measures of dispersion in the field of civil engineering?
All procedures that discover, recognize history, move, sustain, and review economical information to either generate economical statements or to provide inner control.
Mention the characteristics of statistics. Explain any two application of Statistics
An experimental surgical procedure is being studied as an alternative to the old method. Both methods are considered safe, but the new method has the potential to reduce operating
characteristics of statistics and any two application of statistics
A company wishes to issue new preference shares; the company will incur flotation cost of 2% per share. the market value of this shares is $90 per share & a nominal value of $100 p
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