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

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

Which method is used to find the best fit line for linear regression?Maximum likelihoodLeast square errorMean square errorEither of A and B

The method of least squares calculates square of deviations of the points from the line chosen using Linear Regression. Our target is that this error should be

What does the least squares method aim to minimize?Select one:a.The sum of the squares of the errors between the data points and the line of best fitb.The mean of the data setc.The sum of the absolute values of the errors between the data points and the line of best fitd.The variance of the data set

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