What Does the Least Squares Method Do Exactly

question 5

Multiple Choice

What does the least squares method do exactly?

• A) Minimizes the distance between data points
• B) Finds the least problematic regression line
• C) Finds those (best) values of the intercept and slope that provide us with the smallest value of the residual sum of squares
• D) Finds those (best) values of the intercept and slope that provide us with the smallest value of the sum of residuals

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Definitions:

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, rules, and laws.

Preconventional

The first level in Kohlberg's theory of moral development, where moral understanding is based on rewards and punishments associated with different actions.

Conventional

Pertaining to accepted norms or standards in a society or a group.