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ÓX2 = 704 (ÓX)2 = 8464 ÓTj2 =3178

question 63

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ÓX2 = 704 (ÓX) 2 = 8464 ÓTj2 =3178
ÓX = 92 k=3 N = 5 Ósi2 = 1898
Based on the summary values given above,what is the value of the sum of squares error?


Definitions:

Effective Rate

The actual interest rate an investor receives or pays after the effects of compounding interest and all charges are considered.

End-Of-Month Payments

Payments that are due at the end of each month, commonly found in loan and lease agreements.

Finance Company

A business that provides loans to individuals or other businesses and generates profit from the interest on these loans.

Conditional Sale

A sales agreement that includes conditions that must be met before the sale is final and the property is transferred to the buyer.

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