Question: You are provided with this equation. Use this to answer the next 8 questions. SALES, = a + $ PRICE + 6, (0,0) If the

You are provided with this equation. Use this to answer the next 8 questions. SALES, = a + $ PRICE + 6, (0,0) If the equation above was estimated using ordinary least squares regression, it yields the equation that minimizes the total sum of the squared distance between each data point and the fitted line. uses the population parameters to generate the best estimates of the sample coefficients. is identical to a Chi-Square Analysis. would have a fantastic R square. O all of the above

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