A reference to the criterion used to select the regression line, to minimize the squared distances between the estimated straight line and the observed values is called

A) Mean square error.
B) Sum of Squares.
C) Maximum likelihood.
D) R-square.
E) Least Squares.


E

Business

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A firm wishing to insure a single shipment of merchandise sent by a common carrier would purchase a(n)

A) annual transit policy. B) trip transit policy. C) bailee's liability policy. D) equipment floater.

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Proprietary Funds use the accrual basis of accounting.

Answer the following statement true (T) or false (F)

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The coefficient of correlation

a. is the square of the r-square. b. is the square root of the r-square. c. can never be equal to r-square. d. can never be negative.

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What is the best example of an oligopoly?

a. agriculture b. public utilities c. steel companies d. retail trade

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