Examlex
Why is it just as important to project the statement of financial position as it is to project the statement of comprehensive income?
Least-Squares Regression
A statistical method to determine a line of best fit by minimizing the sum of squares of the distances of data points from the proposed line.
Sum Of Squares
A statistical measure that quantifies the variation or dispersion of a set of data points, by calculating the sum of the squared differences from the mean.
Best-Fitting Line
A line through a scatter plot of data points that best expresses the relationship between those points.
Observed Errors
The discrepancies between measured values and their true, expected, or theoretical values.
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