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Intuitively, the line that best fits plotted data will be the line that ______Multiple choice question.intersects with the most number of points.has a slope the closest to zero.minimizes the residuals.connects the first and last points.

Question

Intuitively, the line that best fits plotted data will be the line that ______Multiple choice question.intersects with the most number of points.has a slope the closest to zero.minimizes the residuals.connects the first and last points.

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Solution

The line that best fits plotted data will be the line that minimizes the residuals.

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In choosing the best fitting line through a set of points in a linear regression, we choose the one with the __________. a. smallest sum of squared residuals b. largest sum of squared residuals c. smallest sum of squared error d. a and c

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We want to find the line 𝑦=𝑚𝑥+𝑐y=mx+c that best fits these data points in the least squares sense, where 𝑚m is the slope and 𝑐c is the y-intercept.

42.In practice, the line of best fit or regression line is found when:  A. Sum of the square of residuals ( ? (Y-h(X))2) is minimum  B. Sum of residuals (?(Y – h(X))) is minimum  C. Sum of the absolute value of residuals (?|Y-h(X)|) is maximum  D. Sum of the square of residuals ( ? (Y-h(X))2) is maximum

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