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Earn +20 ptsQ: What is OLS method of estimation?
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What is the method of estimation using a representative section of a whole?
sampling
Advantages and disadvantages of method of moment estimators?
It's simple but its quality is not comparable to Maximum likelihood estimation method.
What does the acronym OLS mean in the field of statistics?
The acronym OLS as pertaining to the field of statistics stands for Ordinary Least Squares, the standard linear regression procedure. This is the standard approach to overdetermined systems.
What is the difference between ratio estimation and regression estimation?
diferece between ratio and regression
What is the definition of front end estimation?
When using front-end estimation, we add or subtract the front digits, and then adjust for a more accurate estimation by estimating the sum of the digits to the right of the decimal point.
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