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Why is simple linear regression called ordinary least-squares regression? What is ordinary about it? What about how we calculate regression lines leads to least-squares being
Why is simple linear regression called "ordinary least-squares regression"? What is ordinary about it? What about how we calculate regression lines leads to "least-squares" being in the name? (No more than 5-6 sentences - answers will be graded for completeness, correctness, and succinctness.)
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