9. Gravetter/Wallnau Essentials-Chapter 14- End-of-chapter question 18 Aa Aa The

Question

9. Gravetter/Wallnau Essentials-Chapter 14- End-of-chapter question 18 Aa Aa The regression equation is intended to be the "best-fitting" straight line for a set of data. What is the criterion for "best fitting"? The best-fitting line is determined by the error between the predicted and the actual the smallest values values . The regression equation is determined by the line with Flash Player WIN 30,0,0,113 03 3.34.1 2004-2016 Aplia. All rights reserved. O2013 Cengage Learning except as noted. All rights reserved Grade It Now Save & Continue

Explanation / Answer

The best - fitting line is determined by the error between the predicted Y values on the straight line and the actual Y values in the data. The regression equation is determined by the line with the smallest total squared error.

Related Questions

Navigate

• Browse (All)
• Browse 9
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.