In Linear Regression,we Fit the Least Squares Line to a Set

question 12

Multiple Choice

In linear regression,we fit the least squares line to a set of values (or points on a scatterplot) .The distance from the line to a point is called the

• A)fitted value.
• B)residual.
• C)correlation.
• D)covariance.

---

Definitions:

Total Return

The overall return on an investment, including the change in value plus any dividends or interest, over a specific period.

Capital Loss

A reduction in the value of an investment relative to its purchase price.

Rate of Return

The profit or deficit achieved from an investment throughout a certain period, presented as a proportion of the original investment amount.

Cumulative Loss

The total amount lost over a period, taking into account all losses incurred during that time.