A reference to the criterion used to select the regression line, to minimize the squared distances between

Question:

A reference to the criterion used to select the regression line, to minimize the squared distances between the estimated straight line and the observed values is called

a. mean square error.

b. sum of squares.

c. r2.

d. least squares.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Quantitative Analysis For Management

ISBN: 9781292217659

13th Global Edition

Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale

Question Posted: