A least squares line:
A)assumes a relationship between the slope of x and the intercept of y
B)may be used to predict a value of y if the corresponding x value is given
C)must be linear, upward-sloping and have a positive y-intercept
D)minimizes the sum of the deviations between the observed value of y and the estimated value of y
E)all of the above

Question

Quizplus · Accepted Answer

The Answer of A least squares line:
A)assumes a relationship between the slope of x and the intercept of y
B)may be used to predict a value of y if the corresponding x value is given
C)must be linear, upward-sloping and have a positive y-intercept
D)minimizes the sum of the deviations between the observed value of y and the estimated value of y
E)all of the above

A Least Squares Line