The method of least squares is used to find out which of the following?
A) The relationship of the gradient of the line
B) The intercept of the line
C) The gradient of the line
D) The line of best fit

Question

Quizplus · Accepted Answer

The method of least squares is used to find the line of best fit, which is the line that minimizes the sum of the squares of the differences between the actual values and the predicted values. This line can give insights into the relationship between variables, but the method doesn't directly calculate the gradient or intercept of the line.

The Method of Least Squares Is Used to Find Out