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A Procedure Used to Estimate the Regression Parameters β1 and β2\beta _ { 1 } \text { and } \beta _ { 2 }

Question 21

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A procedure used to estimate the regression parameters β1 and β2\beta _ { 1 } \text { and } \beta _ { 2 } and to find the least squares line which provides the best approximation for the relationship between the explanatory variable x and the response variable Y is known as the


A) least squares method
B) best squares method
C) regression analysis method
D) coefficient of determination method
E) prediction analysis method

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