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Please Explain Why Residuals Need to Be Squared in Process

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Essay

Please explain why residuals need to be squared in process of generating OLS coefficients.


Definitions:

Sex Chromosome

A chromosome in the shape of a Y (male) or an X (female) that determines the anatomic sex of the child.

Deoxyribonucleic Acid (DNA)

Genetic material that takes the form of a double helix composed of phosphates, sugars, and bases.

Cytosine

One of the four main nucleobases found in DNA and RNA, which pairs with guanine.

Guanine

One of the four main nucleobases found in the nucleic acids DNA and RNA.

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