Question: In linear modeling of continuous variables, the basic equation is = b 0 + b 1 x 1 + b 2 x 2 + ...+

In linear modeling of continuous variables, the basic equation is

=b0 +b1x1 + b2x2 + ...+ bpxp

The goal is to find beta-weightsb0, ... , bp so that

a) The differences between predicted values and true values-y are as small as possible.

b) Theand y match exactly

c) The sum of squared deviations (-y )2is minimized.

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