Which of the Following Would Be the Least Squares (Best

question 30

Multiple Choice

Which of the following would be the least squares (best fitting) line?

• A)The residual sum of squares is closest to zero.
• B)r is equal to zero.
• C)The residual sum of squares is closest to one.
• D)The variance of y is large.

---

Definitions:

Monthly Sales Figures

Quantitative data indicating the total sales achieved in a month, often used to track business performance.

Progress Reports

Documents or updates that describe the current status or advancements of a project or task.

Background Information

Preliminary data or knowledge that provides context for a study, report, or project, essential for understanding the current situation or problem.

Purpose and Nature

Refers to the intended goal and the intrinsic characteristics of something, such as an activity, organization, or study.