The best fitting trend is one in which the sum of squares of residuals is:

Related MCQs

• In the measurement of trend, semi-average method is desired to be applied only when the trend is
• Standard deviation is the square root of the arithmetic average of the squares of the deviations measured from the_______
• Which of the following is not a measurement of trend?
• The secular trend is measured by the method of semi-averages when:
• Moving average method is used for measurement of trend when:
• The long term trend of a time series graph appears to be:
• The algebraic sum of the deviations of a set of values from their arithmetic mean is______
• Let the coefficient of determination computed to be 0.39 in a problem involving one independent variable and one dependent variable. This result means that
• Which one of the following is a pre-requisite for a good measure of dispersion?
• Which one of the following is a positional average?