In Least-Squares Regression,the Best-Fitting Line Minimizes ________

question 42

Multiple Choice

In least-squares regression,the best-fitting line minimizes ________.

• A)the sum of the squares of the dependent variables
• B)the squares of the slope and intercept term
• C)the squares of the mean values of X and Y
• D)the sum of squares of the observed errors

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Definitions:

Commercial Substance

A concept in accounting that refers to a transaction causing a significant change in the cash flows or financial status of a company.