Least-squares regression provides statistical information about the reliability of its cost estimates.

Question

Quizplus · Accepted Answer

Least-squares regression provides information about the standard error of the estimate, which measures the variability of the predicted values around the regression line. This information can be used to calculate confidence intervals and hypothesis tests for the regression coefficients, and to assess the overall goodness of fit of the model.

Least-Squares Regression Provides Statistical Information About the Reliability of Its