In regression analysis when using the Ordinary Least Squares

In regression analysis, when using the Ordinary Least Squares (OLS) method to estimate the coefficients of the model, sum of residuals: In regression analysis, when using the Ordinary Least Squares (OLS) method to estimate the coefficients of the model, sum of residuals:

a. will be negative.

b. will be zero.

c. will be minimized.

d. will be positive.

Solution