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The Principle of Least Squares Results in Values Of β^0 and β^1\hat { \beta } _ { 0 } \text { and } \hat { \beta } _ { 1 }

Question 34

Multiple Choice

The principle of least squares results in values of β^0 and β^1\hat { \beta } _ { 0 } \text { and } \hat { \beta } _ { 1 } that minimizes the sum of squared deviations between


A) the observed values of the explanatory variable x and the estimated values x^\hat { x }
B) the observed values of the response variable y and the estimated values y^\hat { y }
C) the observed values of the explanatory variable x and the response variable y
D) the observed values of the explanatory variable x and the response values y^\hat { y }
E) the estimated values of the explanatory variable x and the observed values of the response variable y

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