The multiple regression formulas used to estimate the regres

The multiple regression formulas used to estimate the regression coefficients are designed to __________________

a) minimize the total sum of squares (SST)

b) mnimize the sum of squares of error (SSE)

c) maximize the standard error of the estimate

d) maximize the p-value for the calculated F value

e) minimize the mean error

Solution

b) mnimize the sum of squares of error (SSE)