Homework SourseWhich of the following statements is correct regarding the l
Which of the following statements is correct regarding the least-squares regression line?
It is drawn so that half of the data points fall above the line and half fall below the line
It is drawn so that it passes through the most data points
It makes the sums of the squares of the vertical distances of the data points from the line as small as possible
None of the above
| It is drawn so that half of the data points fall above the line and half fall below the line | ||
| It is drawn so that it passes through the most data points | ||
| It makes the sums of the squares of the vertical distances of the data points from the line as small as possible | ||
| None of the above |
Solution
It makes the sums of the squares of the vertical distances of the data points from the line as small as possible?------------100% sure-------
