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The least squares regression line is obtained when the sum of the squared residuals is minimized. a. True b. False

The least squares regression line is obtained when the sum of the squared residuals is minimized. a. True b. False
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The least squares regression line is obtained when the sum of the squared residuals is minimized.

a. True
b. False

User Andrew Koper
by
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1 Answer

4 votes
This is true, because the LSRL does get its line when minimizing the sum of the squares difference between the observed (x value) and predicted (y-at)
User Sandeep Bhandari
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