Least-squares regression: The least-squares regression is a statistical tool to estimate the production costs. The least-squares regression uses an equation to graph the fixed and the variable costs along with the regression line. The meaning of the term least-squares regression.

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Chapter 2, Problem 13Q

To determine

Least-squares regression: The least-squares regression is a statistical tool to estimate the production costs. The least-squares regression uses an equation to graph the fixed and the variable costs along with the regression line.

The meaning of the term least-squares regression.

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