Related questions with answers
Question
Give two properties of the line estimated with the method of least squares.
Solution
VerifiedStep 1
1 of 2Properties least-squares regression line:
-
Line minimizes the sum of the squared errors of predictions (thus minimized the squared differences between the observed and predicted -values).
-
Line passes through the point , where represents the mean of all given -values and represents the mean of all given -values.
-
The constant of the equation of the regression line is the -intercept of the regression line.
-
The coefficient of of the equation of the regression line is the slope of the regression line.
-
The sum of all errors of predictions is zero for the least-squares regression line.
Create a free account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Create a free account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Recommended textbook solutions


Probability and Statistics for Engineers and Scientists
9th Edition•ISBN: 9780321629111 (4 more)Keying E. Ye, Raymond H. Myers, Ronald E. Walpole, Sharon L. Myers1,204 solutions

The Practice of Statistics for the AP Exam
5th Edition•ISBN: 9781464108730 (1 more)Daniel S. Yates, Daren S. Starnes, David Moore, Josh Tabor2,433 solutions

Statistics and Probability with Applications
3rd Edition•ISBN: 9781464122163Daren S. Starnes, Josh Tabor2,555 solutions
More related questions
- differential equations
- anatomy and physiology
1/4
- differential equations
- anatomy and physiology
1/7