A Study on Goodness of Fit For The Linear Model of Index Numbers of Jute Productivity In India
Abstract
A linear trend is fitted to the index numbers of Jute productivity in India from 1993-94 to 2011-12. The line is tested for its goodness of fit by studying standard error, closeness of fit, confidence region, and some sampling distribution techniques such as chi-square test, t-test, z-test. As a result, it is concluded that there is no significant difference between the observed and estimated index numbers of Jute productivity in India from 1993-94 to 2011-12 and hence the regression line is a good fit.
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References
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