A. negative square technique
B. positive square technique
C. least square technique
D. most square technique
Related Mcqs:
- A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as __________?
A. variable technique
B. least square technique
C. indexed technique
D. fixed technique - The deviations between estimated regression line and the vertical deviations are classified as ____________?
A. fixed terms
B. indexed terms
C. variable terms
D. residual terms - All the conditions or assumptions of regression analysis in simple regression can give __________?
A. dependent estimation
B. independent estimation
C. reliable estimates
D. unreliable estimates - The number of observations in regression analysis is considered as _____________?
A. degree of possibility
B. degree of average
C. degree of variance
D. degree of freedom - The weak relationship between cost and cost driver is indicated on a regression line, which is ___________?
A. curved
B. slightly sloped
C. completely sloped
D. dotted - An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?
A. abnormality of residuals
B. normality of regression
C. normality of residuals
D. abnormality of regression - The worse fit between estimated cost and actual observations is shown on regression line with ___________?
A. larger residual terms
B. zero residual terms
C. variable residual terms
D. smaller residual terms - Evaluation criteria of regression equation must be considered as ____________?
A. goodness of fit
B. economic plausibility
C. significance of independent variable
D. all of above - The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as __________?
A. residual term
B. positive term
C. negative term
D. squared term - The vertical dashed line in graphical representation of cost function represents the ________?
A. cost representation
B. irrelevant range
C. relevant range
D. graphical representation
