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Thursday, March 11, 2010

MTH302 For what purpose is the method of least squares used on time-series data

1.For what purpose is the method of least squares used on time-series data?

       ► It is used for eliminating irregular movements 

       It is used for obtaining the trend equation. 

       ► It is used for deseasonalizing the data. 

       ► It is used for exponentially smoothing a series.