Regression can also be called least squares regression because ______.
A) it produces a line minimizing the sum of squared residuals
B) it produces a line minimizing the squared residuals
C) it produces a line minimizing the squares
D) none of these

Question

Quizplus · Accepted Answer

The least squares method is a statistical technique used to find the line that best fits a set of data points. The line is chosen so that the sum of the squared residuals (the vertical distances between the data points and the line) is minimized.

Regression Can Also Be Called Least Squares Regression Because ______