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Residual Sum Of Squares - RSS

A statistical technique used to measure the amount of variance in a data set that is not explained by the regression model. The residual sum of squares is a measure of the amount of error remaining between the regression functi ...

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Building Wealth
Building Wealth
DIY Trading Strategies: Hit or Miss?
Sure, traders can pick many strategies from books, trainings, and crash courses. But have you heard of do-it-yourself trading strategies? Creating your own strategies can be an enjoyable activity. Before jumping to DIY trading techniques, take a deep breath, gather data and reading references, get a pen and a paper, and read this article.
Finance for Individuals
Finance for Individuals
Tips on Hiring a Financial Advisor
Gone were the days when people believed only popular and wealthy people need the expertise of financial advisors. While some recognize the necessity of getting a financial guru, they opt to manage money matters themselves because of the charges that comes with having one.
Financial Literacy
Financial Literacy
Unlocking the Myths about Free Markets
A lot of misconceptions surround free markets. Some are benign, but others are dangerous. Here are the four fallacies that have affected these markets since time immemorial. Gover nments Can Solve Problems If you believe governments can really solve problems, think again.
Money Smart
Money Smart
Secret to Retiring Like a Boss
Retirement is one of the most important topics in personal finance. Unfortunately, very few individuals plan for their golden years thoughtfully. Contributions in 401(k) and/or IRA is good, but suc cessful retirement planning goes beyond that.
Taxation in Finance
Taxation in Finance
Three Interesting Trivia regarding Income Tax
Every individual is a taxpayer. The government utilize such payments to fund their projects and uphold the best interests of their people. Most nations implement a progressive tax scheme in which h igh earners settle a higher bill than low income earners.
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