Question: Fill in the blanks. a. Based on the least-squares criterion, the line that best fits a set of data points is the one having the
Fill in the blanks.
a. Based on the least-squares criterion, the line that best fits a set of data points is the one having the possible sum of squared errors.
b. The line that best fits a set of data points according to the least-squares criterion is called the _______line.
c. Using a regression equation to make predictions for values of the predictor variable outside the range of the observed values of the predictor variable is called _______.
Step by Step Solution
3.51 Rating (158 Votes )
There are 3 Steps involved in it
a Based on the leastsquares criterion the line that best fits a set of data points is th... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
503-M-S-L-R (3384).docx
120 KBs Word File
