Application of the least squares criterion to regression analysis results in values of the y intercept and the slope that minimizes the sum of the squared deviations between the:
A) observed values of x and the estimated values of y
B) observed values of y and the estimated values of x
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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