Question: =+3. Using your mouse, you can move the line and see how the deviations from the line and the sum of squared errors change as
=+3. Using your mouse, you can move the line and see how the deviations from the line and the sum of squared errors change as the line changes. Try to move the line into a position that you think is close to the least-squares regression line. When you think you are close to the line that minimizes the sum of squared errors, you can click on the bar that says “Find Best Model” to see how close you were to the actual least-squares line.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
