Two lines are drawn on a scatterplot. The sum of squared residuals for line A is 558.2,
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Two lines are drawn on a scatterplot. The sum of squared residuals for line A is 558.2, and the sum of squared residuals for line B is 723.1. Which of the following is true about the sum of squared residuals for the least-squares regression line?
i. It will be greater than 723.1.
ii. It will be between 558.2 and 723.1.
iii. It will be less than or equal to 558.2.
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