3. The best fitting regression line has A. the highest R-square B. observations lying near the regression line C. residuals will be small, and the mean is zero D. All the above are correct

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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This is an exercise. Which is the correct answer?
3. The best fitting regression line has
A. the highest R-square
B. observations lying near the regression line
C. residuals will be small, and the mean is zero
D. All the above are correct
Transcribed Image Text:3. The best fitting regression line has A. the highest R-square B. observations lying near the regression line C. residuals will be small, and the mean is zero D. All the above are correct
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