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.
Correct Answer:
Verified
Correct Answer:
Verified
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