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Regression Analysis

 

The basis for the statistical tool called Regression Analysis is to determine the dependency of movement (both direction and size of change) an independent variable or variable have on a dependent variable.  The regression results have been calculated and may be included in a future web page.  The point for referencing the existence of regression analysis results is because I make numerous comments in the analysis about a correlation existing between variables.  Although the actual regression results are not provided at this time, they do exist.  When time and/or demand exist, the regression results can be included.

 

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Trend Lines

 

The analysis also includes the use of “Trend” lines.  The point to always remember is, when you see a line marked as a “Trend,” its only intended purpose is to look at the direction of movement of the trend line and the amount of movement in the trend line, only relative to the trend line itself.  The distance of movement in a trend line versus any other trend line or actual data in the figure is irrelevant.  To overlay trend lines with actual data will cause a distortion in the amount of movement of the trend line relative to the actual data being presented.  There is, however, no distortion in the direction of the change.

 

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Baseline

 

            The CBO defines baseline as follows:

 

baseline: A benchmark for measuring the budgetary effects of proposed changes in federal revenues or spending. Generally, the baseline is an estimate of spending, revenues, surplus or deficit, and public debt projected during a fiscal year under current laws and policy. For purposes of the Deficit Control Act, the baseline is the projection of current-year levels of new budget authority, outlays, revenues, and the surplus or deficit into the budget year and outyears based on laws enacted through the applicable date, calculated in conformance with the rules set forth in section 257 of that act.

 

 

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Fraud Definition

 

FRAUD

 Definition

= n.

1.    A deception deliberately practiced in order to secure unfair or unlawful gain.

2.    A piece of trickery; a trick.

3.     

a.    One that defrauds; a cheat.

b.    One who assumes a false pose; an impostor.

 

 

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