Vidyalelo
Commerce · Q392

Costing

Graduate and Post Graduate · Commerce · question 392

Q392

A technique for estimating regression line, which minimizes sum of vertical deviations squares is classified as

A.
variable technique
B.
least square technique
Answer
C.
indexed technique
D.
fixed technique

Answer: Option B

Solution

Answer: Option B
Solution:
A technique for estimating regression line, which minimizes sum of vertical deviations squares is classified as least square technique.