Just like the relationship is generated, i obtain regression picture just in case the partnership are linear

Just like the relationship is generated, i obtain regression picture just in case the partnership are linear

(c) Fitted development picture: Least Square Method: It is a mathematical procedure for fitting a line to a set of observed data points in such a manner that the sum of the squared differences between the calculated and observed value is minimized. This technique is used to find a trend line which best fit the available data. This trend is then used to project the dependant variable in the future.

Below this method, a relationship is generated between your number needed (situated varying) plus the separate parameters (explanatory variables) such as money, price of the nice, cost regarding associated products etcetera

This procedure is quite well-known since it is easy and inexpensive. …

Just like the relationship is generated, i obtain regression picture just in case the partnership are linear Read More »