In multiple regression, the prediction equation is the line that minimizes SSE, the sum of squares of the deviations of the observed values y from the predicted values .

Question

In multiple regression, the prediction equation  is the line that minimizes SSE, the sum of squares of the deviations of the observed values y from the predicted values  .

Quizplus · Accepted Answer

This statement is true. The prediction equation in multiple regression is the equation that minimizes the sum of squares of the deviations (SSE) between the observed values and the predicted values.

In Multiple Regression, the Prediction Equation Is the Line