Vidyalelo
Commerce · Q704

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 704

Q704

Least Square Method of fitting a line (the line of best fit or the regression line) through the scatter diagram is a method, which . . . . . . . . the sum of the squared vertical deviations from the fitted line.

A.
maximises
B.
minimises
Answer
C.
Neither A nor B
D.
All of the above

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board