Assertion: squares regression | /r/HasProperty | statistical method
Facets:
value: for managerial accountants
type: OTHER
Source sentences:
text: Partial least squares regression (PLS regression) is a statistical method that bears some relation to principal components regression; instead of finding hyperplanes of maximum variance between the response and independent variables, it finds a linear regression model by projecting the predicted variables and the observable variables to a new space.
text: Definition: The least squares regression is a statistical method for managerial accountants to estimate production costs.