Choose the one alternative that best completes the statement or answers the question.
-The least squares regression line
A) minimizes the sum of the residuals squared.
B) maximizes the sum of the residuals squared.
C) minimizes the mean difference between the residuals squared.
D) maximizes the mean difference between the residuals squared.

Question

Quizplus · Accepted Answer

The least squares regression line is defined as the line that minimizes the sum of the squares of the residuals (the differences between the observed values and the values predicted by the line).

Choose the One Alternative That Best Completes the Statement or Answers