When least squares is used to fit an equation involving two or more independent variables, the method is called _____.
A)experience curve
B)relevant regression
C)learning curve
D)multiple regression

Question

Quizplus · Accepted Answer

When we use the least squares method to fit an equation with two or more independent variables, it is called multiple regression. Option A is not relevant as it is unrelated to statistical analysis. Option B is not a standard term used in statistics. Option C refers to a specific type of curve used to model the relationship between experience and cost in manufacturing, which is not directly related to least squares.

When Least Squares Is Used to Fit an Equation Involving