The best-fitting line minimizes the residuals.Group of answer choicesTrueFalse

In choosing the best fitting line through a set of points in a linear regression, we choose the one with the __________. a. smallest sum of squared residuals b. largest sum of squared residuals c. smallest sum of squared error d. a and c

42.In practice, the line of best fit or regression line is found when:  A. Sum of the square of residuals ( ? (Y-h(X))2) is minimum  B. Sum of residuals (?(Y – h(X))) is minimum  C. Sum of the absolute value of residuals (?|Y-h(X)|) is maximum  D. Sum of the square of residuals ( ? (Y-h(X))2) is maximum

The mathematical basis for the best-fitting regression line is called least-squares regression.Group of answer choicesTrueFalse

The method of least squares finds the best fit line that _______ the error between observed & estimated points on the linea.Maximizesb.Minimizesc.Reduces to zerod.Approaches to infinityClear my choice

Intuitively, the line that best fits plotted data will be the line that ______Multiple choice question.intersects with the most number of points.has a slope the closest to zero.minimizes the residuals.connects the first and last points.