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

question 32

Multiple Choice

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

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

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Definitions:

Clustered Column PivotChart

A type of chart in Excel that represents data with vertical columns grouped by categories, typically used to compare values across different categories.

Calculated Field

A formula field in databases or spreadsheets that performs a calculation using other fields' values.

Sales Increase

A rise in the number of products or services sold, typically indicating a positive performance for a business.

PivotTable Subtotals

A feature in PivotTables that automatically calculates and displays a subtotal for each unique value or data group, enhancing data analysis.