A technique for fitting a straight line to a scattergram by minimizing the vertical distances of all the points from the line is called the most-squares procedure

Indicate whether the statement is true or false

FALSE

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What is ethical relativism?

What will be an ideal response?

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The present value of $1,000 discounted at the rate of 5% per year, to be received at the end of 3 years is equal to

A) $1,000/(1.03)5. B) $1,000/(1.05)3. C) $1,000 × (1.05)3. D) $1,000 - ($1,000) × .03 × 5.

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