Question: True or False. If False, explain briefly. a) Some of the residuals from a least squares linear model will be positive and some will be

True or False. If False, explain briefly.
a) Some of the residuals from a least squares linear model will be positive and some will be negative.
b) Least Squares means that some of the squares of the residuals are minimized.
c) We write y to denote the predicted values and y to denote the observed values.

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