The Least-Squares Regression Line Minimizes the Sum Of

question 104

Multiple Choice

The least-squares regression line minimizes the sum of:

• A) the squares of the shortest distance from each scatterplot point to the regression line.
• B) the squares of the vertical distance from each scatterplot point to the regression line.
• C) the squares of the horizontal distance from each scatterplot point to the regression line.
• D) None of the above.

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Definitions:

Avoidable

Something described as avoidable can be prevented or not incurred if certain actions are taken or certain conditions are met.

Performance Report

A document that compares actual results to planned or expected results in areas such as budgeting, operations, and project management.

Improving Performance

The process of increasing the efficiency, effectiveness, or profitability of an operation, system, or organization.

Personnel Changes

Alterations in the composition or structure of the workforce, including hiring, firing, promotions, or transfers.