Application of the least squares method to regression analysis results in values of the y intercept and the slope that minimizes the sum of the squared deviations between the:
A) residuals of x and the residuals of y
B) actual value of the y-intercept and the estimated value of the y- intercept
C) observed values of the dependent variable and the estimated values of the dependent variable
D) observed values of the independent variable and the estimated values of the independent variable
E) none of the above
Correct Answer:
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