The technique which minimizes the squared vertical distances from the regression line to the data points is called the _____.
A)correlation line
B)method of least squares
C)slope minimization technique
D)truncation of range technique

Question

Quizplus · Accepted Answer

The method which minimizes the squared vertical distances from the regression line to the data points is known as the Method of Least Squares.

The Technique Which Minimizes the Squared Vertical Distances from the Regression