5 Questions
In the equation 𝑌𝑡 = 𝑎 + 𝑏𝑋 + 𝑐𝑋², what does the term 𝑐𝑋² represent?
Quadratic term
What type of trend does the parabolic method of least square fit?
Curvilinear trend
What is the general form of the equation used to obtain a parabolic curve of second degree?
𝑌𝑡 = 𝑎 + 𝑏𝑋 + 𝑐𝑋²
What is the name for the parabola obtained when the equation is carried up to the 3rd power of X?
Parabola of 3rd degree
What type of equation is determined in the parabolic method of least square?
Power series equation
Test your understanding of the Parabolic Method of the Least Square in the context of Computer Oriented Numerical and Statistical Methods. Assess your knowledge of fitting curves and determining trend values through parabolic equations in this unit.
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