Slope that minimizes the sum of squared deviations

Reference no: EM13113524

Application of the least squares method results in values of the y intercept and the slope that minimizes the sum of the squared deviations between the observed values of the independent variable and the estimated values of the independent variable actual values of the independent variable and estimated values of the dependent variable observed values of the dependent variable and the estimated values of the dependent variable None of these answers is correct.

Reference no: EM13113524

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