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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
report on comparing information system in organisations
Question: Sharp Discounts Wholesale Club has two service desks with one server at each desk. There is one desk at each entrance of the store. Customers arrive at each
costing and control of overheads
Explain what central tendency and variability are. In your answer define what the mean, median, mode, variance, and standard deviation are. What is the difference between the descr
a clinical psychologist claims that on average, at least twenty five clients visit her per week. for a random sample of 8 weeks, the following numbers of clients were recorded; 25
Sales from a leading motor dealership were monitored over the past four years. The sales figures are presented in the accompanying table. Year Quarter 1 Quarter 2 Quarter 3 Quarter
calculate the probabilities correct to 6 decimal places. Let pie = 0.02. a. P(X less than 3,
How can costs be classified by objective?
what are the funtions of quantitative techniques
Arnold Palmer and Tiger Woods are two of the best golfers ever to play the game. To show how these two golfers would compare if both were playing at the top of their game, the foll
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