The regression equation is determined by finding the minimum value for which of the following? A)?(X - Y)² B)?(Y - ?) C)?(Y - ?)² D)r²?(Y - ?)²

Question

Quizplus · Accepted Answer

The regression equation is determined by finding the minimum value of the sum of squared residuals, which is represented by Σ(Y - Ŷ)2. This is because the goal of regression analysis is to minimize the difference between the predicted values (Ŷ) and the actual values (Y) by finding the line of best fit. Therefore, option C represents the sum of squared residuals and is the best choice for determining the regression equation.

The Regression Equation Is Determined by Finding the Minimum Value