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Why is a least-squares line given this name?

Why is a least-squares line given this name?-example-1
User Dnice
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Answer:

Explanation = The Least Squares Regression Line is the line that makes the vertical distance from the data points to the regression line as small as possible. It's called a “least squares” because the best line of fit is one that minimizes the variance (the sum of squares of the errors).

Explanation:

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