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Consider the Four Points (20,20), (30,50), (40,30),and (50,60)

question 17

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Consider the four points (20,20) , (30,50) , (40,30) ,and (50,60) .The least squares line is Consider the four points (20,20) , (30,50) , (40,30) ,and (50,60) .The least squares line is   = 5 + 50x.Explain what  least squares  means using these data as a specific example. A) The line   = 5 + 50x minimizes the sum of the vertical distances from the points to the line. B) The line   = 5 + 50x minimizes the sum of the squared vertical distances from the points to the line. C) The line   = 5 + 50x minimizes the sum of the squared horizontal distances from the points to the line. D) The line   = 5 + 50x minimizes the square of the standard deviation. E) The line   = 5 + 50x minimizes the sum of the squared difference between the x and y values.
= 5 + 50x.Explain what "least squares" means using these data as a specific example.


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