A technique which minimizes sum of squared vertical difference, to determine regression line is considered as

A negative square technique
B positive square technique
C least square technique
D most square technique

Correct Answer: least square technique

A technique which minimizes sum of squared vertical difference, to determine regression line is considered as least square technique. The least squares method is a form of mathematical regression analysis that finds the line of best fit for a set of data, providing a visual demonstration of the relationship between the data points.
Bissoy MCQ
#Commerce #Costing

Related Questions

A technique for estimating regression line, which minimizes sum of vertical deviations squares is classified as
A variable technique
B least square technique
C indexed technique
D fixed technique
If in a closed traverse, the sum of the north latitudes is more than the sum of the south latitudes and also the sum of west departures is more than the sum of the east departures, the bearing of the closing line is in the
A NE quadrant
B SE quadrant
C NW quadrant
D SW quadrant
Which of the following numbers cannot be the last digit of a squared number?
A 1
B 2
C 4
when squared value of a number is subtracted from 5 times of a number the result is 6.what is the number?
A -2
B 2
C -3
D 4
In three years, Janice will be three times as old as her daughter, Six years ago, her age eas her daughter's age squared. How old is Janice?
A 18
B 36
C 42
D 45
Nilolai is thinking of a positive whole number. If the number is squared and then 10 is subtracted from the rsult , the dirrerence is equal to 6 . what is the number?
A 2
B 4
C 10
D 6
The difference between a two-digit number and the number obtained by interchanging the digits is 36. What is the difference between the sum and difference of the digits of the number if the ratio between the digits the number is 1 : 2?
A 4
B 8
C 16
D 24
Sum of 4 consecutive even numbers is greater than three consecutive odd numbers by 81 . If the sum of the least odd and even numbers is 59 then find the sum of largest of odd and even numbers is 59 then find the sum of largest odd and even numbers.
A 69
B 53`
C 65
D 72
An assumption of specification analysis, which states all values of residuals which are uniformly scattered around regression line is classified as
A abnormality of residuals
B normality of regression
C normality of residuals
D abnormality of regression
Weak relationship between cost and cost driver is indicated on a regression line, which is
A curved
B slightly sloped
C completely sloped
D dotted

Next steps