answersLogoWhite

0

A scatter diagram will give a quick but rough extimate of the trend line - especially if there is a lot of variation about the trend. The least squares method will be more accurate.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What are the advantages and disadvantages of scatter diagram?

ADVANTAGES Shows relationship between two variables best method to illustrate a non-linear pattern.


What is the formula of scatter graph method?

I believe it is linear regression.


What are advantages to using the table method when graphing a linear equation?

For a linear I can see no advantage in the table method.


What is chainage in linear surveying terms?

method of linear measurement


Splitting semi variable cost fixed and variable elements?

you could use a scatter diagram, or the hi/lo method or solve with the help of regression analysis. Hi/lo would normally be easy and fastest.


What is the difference between linear programming and nonlinear programming?

LPP deals with solving problems which are linear . ex: simlpex method, big m method, revised simplex, dual simplex. NLPP deals with non linear equations ex: newton's method, powells method, steepest decent method


What are the similarities and difference of substitution method and linear combinations method?

Both the substitution method and the linear combinations method (or elimination method) are techniques used to solve systems of linear equations. In the substitution method, one equation is solved for one variable, which is then substituted into the other equation. In contrast, the linear combinations method involves adding or subtracting equations to eliminate one variable, allowing for the direct solution of the remaining variable. While both methods aim to find the same solution, they differ in their approach to manipulating the equations.


What is obtain mean if you Say how was it obtained?

obtained in "How was it obtained?" means how did they get it.


How do you draw a trend line on a scatter graph?

A simple method involves cutting a rubber band. Then the rubber band straight line is stretched over the scatter diagram and moved about until you feel that 50 % of your data is on one side of the temporary line and the other 50 % is on the other side of the line. Often the data is grouped such that a lot of points fall on the imaginary line of the rubber band and only a few oddballs are positioned well away from the line. We think of this method as the " Best Fit " method, using your judgment to decide the best fitting trend line.


How many types of method are there to solve linear equation?

There are several methods to solve linear equations, including the substitution method, elimination method, and graphical method. Additionally, matrix methods such as Gaussian elimination and using inverse matrices can also be employed for solving systems of linear equations. Each method has its own advantages depending on the complexity of the equations and the number of variables involved.


What are the 2 major computational method of linear programming?

Simplex Method and Interior Point Methods


What is the simplest method to measure a linear cost function from past data?

high-low method