Consider the four points (200, 1950), (400, 1650), (600, 1800), and (800, 1600). The least squares line

Question:

Consider the four points (200, 1950), (400, 1650), (600, 1800), and (800, 1600). The least squares line is  = 1975 – 0.45x. Explain what "least squares" means, using these data as a specific example.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Stats Data And Models

ISBN: 662

4th Edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

Question Posted: