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.

---

Definitions:

Deceit

The act of misleading or deceiving someone through intentionally false statements or misrepresentations.

Misrepresentation

A false or misleading statement that induces another party to enter into a contract, possibly rendering the contract voidable.

Device

An instrument, tool, or machine created for a specific function or purpose, ranging from simple tools to complex machinery.

Economic Duress

A situation where one party is forced into a contract or agreement under the pressure of financial hardships, often exploiting that party’s vulnerable position.