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Why Are Errors Squared in a Regression

question 19

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Why are errors squared in a regression?


Definitions:

Contracted

Engaged in a formally agreed-upon arrangement, typically involving work or services in exchange for compensation.

Refusal

Refusal is the act of declining to accept, submit to, or believe in something.

Damages

Compensation claimed by a person or awarded by a court for loss or injury resulting from a breach of contract or other wrongful act.

Contracted

The action of formally entering into a binding agreement or contract, where specific terms and conditions are agreed upon by the parties involved.

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