Least Squares Trend Analysis Involves Fitting a Straight Line Through

question 38

Multiple Choice

Least squares trend analysis involves fitting a straight line through a series of data which,by definition,

• A)Minimizes the distance of each data point from the line and minimizes the squared area above and below the trendline
• B)Minimizes the distance between each data point
• C)Must include at least one peak and at least one trough
• D)Must include a minimum of 20 points to get a usable trendline

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Definitions:

Julian Rotter

Julian Rotter was an American psychologist known for his development of social learning theory and the concept of locus of control.

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A method of learning in which every correct response is followed by a reward, thereby reinforcing the behavior.