Select the appropriate item for each of the definitions listed below.
-results in the best-fitting line through a set of data points
A)high-low method
B)scatter-graph method
C)method of least squares

Question

Quizplus · Accepted Answer

The method of least squares is specifically designed to find the best-fitting line through a set of data points by minimizing the sum of the squared differences between the observed values and the predicted values from the line. The high-low method and scatter-graph method are not designed for this purpose.

Select the Appropriate Item for Each of the Definitions Listed