The regression equation is intended to be the best fitting straght line for a set of data. What is the criterion for "best fitting"? a. A line that touches all of the data points. b. A line that results in the least squared error between the data points and the line. c. A line that predicts where every X value is in the data set. d. None of the above.

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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The regression equation is intended to be the best fitting straght line for a set of data. What is the criterion
for "best fitting"?
a. A line that touches all of the data points.
b. A line that results in the least squared error between the data points and the line.
c. A line that predicts where every X value is in the data set.
d. None of the above.
Transcribed Image Text:The regression equation is intended to be the best fitting straght line for a set of data. What is the criterion for "best fitting"? a. A line that touches all of the data points. b. A line that results in the least squared error between the data points and the line. c. A line that predicts where every X value is in the data set. d. None of the above.
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