What Is an Advantage of the Least Squares Method for Determining

question 39

Multiple Choice

What is an advantage of the least squares method for determining a trend line equation?

• A)It minimizes the error sum of squares.
• B)It is subject to human error.
• C)Forecasts have zero error.
• D)It is easy to calculate by hand.

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Definitions:

Thymus Gland

A primary lymphoid organ located in the upper anterior part of the chest cavity, involved in the maturation of T lymphocytes (T cells).

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.

Glucagon

A hormone produced by the pancreas that raises blood glucose levels by promoting the breakdown of glycogen to glucose in the liver.

Adrenal Medulla

The inner part of the adrenal gland that produces adrenaline and noradrenaline, hormones involved in the body's fight-or-flight response.