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

Posted Date: 3/30/2013 2:39:13 AM | Location : United States

Ask an Expert

Related Discussions:- Least squares analysis, Assignment Help, Ask Question on Least squares analysis, Get Answer, Expert's Help, Least squares analysis Discussions

Write discussion on Least squares analysis
Your posts are moderated

Write your message here..

Related Questions

Strategy management , assignment. assignment.

Conceptual structure of financial, conceptual structure of financial In... conceptual structure of financial In financial accounting, There were many breaks in the conceptual structure of individual forums for example both the forums hadn't conducted

Index nos, why indux number considerd as an economic barrometer why indux number considerd as an economic barrometer

Define tension and stress, Tension: When a sequence, place, cable or a man ... Tension: When a sequence, place, cable or a man is presented tight, the ends of the sequence or place (or wire) pull on whatever systems are connected to them towards the sequence.

Plot a histogram of sample hypnotized, Computer Project for Student Exam Sc... Computer Project for Student Exam Scores The data in the excel spread sheet titled Data for Hypothesis Testing in the column titled Scores from Student Population represents m

Hypothesis, how to draw the mind map how to draw the mind map

Depression screening measures , A study of a new anti-depressant drug took ... A study of a new anti-depressant drug took a sample of 10 individuals with high depression screening measures (DSM) and gave them the drug for three months.  At the end of the thre

Management accounting, The Rohr Company''s old equipment for making subasse... The Rohr Company''s old equipment for making subassemblies is worn out. The company is considering two alternatives: a) Completely replacing the old equipment with new equipment

Co-planer forces, the resultant of two perpandicular forces of magnitude p ... the resultant of two perpandicular forces of magnitude p each will be

Association of Attributes, In an examination 600 candidates appeared, boys ... In an examination 600 candidates appeared, boys outnumbered girls by 16% of all candidates. number of passed candidates exceeded the number of failed candidates by 310. Boys failin