The least-squares regression line is: the line that makes the sum of the squares of the vertical distances of the data points from the line (the sum of squared residuals) as small as possible. the line such that half of the data points fall above the line and half fall below the line. All of the answer options are correct. the line that passes through the most data points.

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.6: More Applications Of Matrix Operations
Problem 18E
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The least-squares regression line is:
the line that makes the sum of the squares of the vertical distances of the data points from the line (the sum of squared
residuals) as small as possible.
the line such that half of the data points fall above the line and half fall below the line.
All of the answer options are correct.
the line that passes through the most data points.
Transcribed Image Text:The least-squares regression line is: the line that makes the sum of the squares of the vertical distances of the data points from the line (the sum of squared residuals) as small as possible. the line such that half of the data points fall above the line and half fall below the line. All of the answer options are correct. the line that passes through the most data points.
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