Multiple Choice
Application of the least squares method results in values of the y-intercept and the slope that minimizes the sum of the squared deviations between the _____.
A) observed values of the independent variable and the predicted values of the independent variable
B) actual values of the independent variable and the predicted values of the dependent variable
C) observed values of the dependent variable and the predicted values of the dependent variable
D) None of the answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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