Ordinary Least Squares Regression analysis attempts to

A) maximize the distance of each point from a regression line.
B) select a line that fits the data well.
C) maximize the residual.
D) change a multivariate problem into a single dimension.

B

Economics

You might also like to view...

If the price of pizza falls, the demand for pizza will rise

a. True b. False Indicate whether the statement is true or false

Economics

The labor-force participation rate equals the percentage of the total adult population that is in the labor force

a. True b. False Indicate whether the statement is true or false

Economics