Why Are Errors Squared in a Regression

question 19

Multiple Choice

Why are errors squared in a regression?

• A)to give more weight to smaller errors
• B)because summing positive and negative errors will cancel them out
• C)multiplying positive and negative errors will always result in negative numbers
• D)errors are not actually squared in a regression

---

Definitions:

Unanimous Consent

An agreement or decision made with the approval of all parties involved or present, typically within a legislative or corporate setting.

Ownership Interest

A legal or equitable claim in property, entitling the holder to a share of the asset's value, benefits, or profits.

Management Rights

The legal and practical powers that allow managers and executives to direct operations and make decisions within an organization.

Hourly Wage

Compensation paid to an employee based on the number of hours worked.