Consider the following plot with 3 lines added:
The line labeled (a) has a slope of
The equation of the line labeled (b) is
A. |
B. |
C. |
Suppose that the least squares line is Y= 20 + 2X. A point has coordinates of (120, 250). The residual is ____
The average residual in a least-squares fit is ____
The least-squares line minimizes the squared residuals in the direction from the line to the points.