The Principle of Least Squares Minimizes the Squared Deviation

question 46

Multiple Choice

The principle of least squares minimizes the squared deviation

• A)at the intercept.
• B)of positive correlations but not negative correlations.
• C)of the slope.
• D)around the regression line.

---

Definitions:

Vanilla Approach

A term referring to the most basic, straightforward, or standard method of doing something, without any customization or embellishment.

ERP Implementation

The process of planning, configuring, and deploying Enterprise Resource Planning software, which integrates various business processes and functions into a cohesive system.

Custom Approach

A tailored method that is specifically designed to meet the unique requirements or preferences of an individual or organization.

ERP Implementation

The process of planning, configuring, and deploying enterprise resource planning software, which integrates various business processes and functions into a single system.