The least squares line passes through the point ( xy, ) .

Question

Quizplus · Accepted Answer

The least squares line is the line that best fits a set of data points, and it is defined by the equation y = mx + b, where m is the slope of the line and b is the y-intercept. The point (x, y) is on the least squares line if and only if the residual sum of squares is minimized, which means that the sum of the squared distances between the data points and the line is as small as possible.

The Least Squares Line Passes Through the Point ( Xy