The OLS Estimators For $\beta$ ₁ and $\beta$ ₂ are Formulas Derived by Minimizing _____________

question 15

Multiple Choice

The OLS estimators for $\beta$ ₁ and $\beta$ ₂ are formulas derived by minimizing _____________.

• A)the sum of the error terms or residuals
• B)the sum of the squared residuals
• C)the slope of the regression line
• D)the fit of the regression line to the observed data.

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