The Method of Least Squares Is Used on Time-Series Data

question 163

Multiple Choice

The method of least squares is used on time-series data for

• A) deseasonalizing the data.
• B) obtaining the trend equation.
• C) exponentially smoothing a series.
• D) eliminating irregular movements.

---

Definitions:

Assembled Improperly

Refers to the incorrect or faulty assembly of parts or components, often leading to malfunction or inefficiency.

Comparative Negligence

A legal doctrine that reduces the claimant's damages award proportionate to their degree of fault in causing the harm or loss.

Product Misuse

Product misuse occurs when a consumer uses a product in a way not intended by the manufacturer, potentially resulting in harm or damage.

Product Liability

The area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.