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The regression line minimizes the sum of the squared errors True o false F significance is used...

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General Management

The regression line minimizes the sum of the squared errors

True o false


F significance is used to determine how fit is the model

True o false

The best model is a statistically significant model with a highr-square and few variables

True o false


The exponential smoothing with trend model uses two smoothingconstants, one constant works as in the exponential smoothing modeland the other adjusts the line for presence of a trend
True o false


An exponential forecasting method is a time series forecastingmethod
True o false

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QThe regression line minimizes the sum of the squared errors True o false Ans True The least square method calculates the best fit line for the observed data by minimizing the sum of squares of the vertical deviations from each data    See Answer
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