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    Exam 6: Index Numbers, Time Series and Data Collection Methods
  5. Question
    The Trend Line Y=a+bX Obtained by the Least Squares Method
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The Trend Line Y=a+bX Obtained by the Least Squares Method

Question 1

Question 1

Multiple Choice

The trend line Y=a+bX obtained by the least Squares method is known as the line of


A) best fit
B) fit best
C) best neutral
D) nonlinear fit

Correct Answer:

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