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Please Explain Why Residuals Need to Be Squared in Process

question 8

Essay

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


Definitions:

Corporate Conduct

The behavior of a corporation, including its practices, ethics, and the way it interacts with stakeholders and the environment.

Ethical Awareness

The recognition and understanding of ethical issues and standards in one’s personal and professional life.

Ethical Issue Intensity

The perceived relevance or importance of an ethical issue, influencing how individuals or organizations respond to it.

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