Consider the linear model y = Bo + B1r + u. Which criterion is used to find the OLS estimators for B9 and B1? O The minimization of the residual sum of squares (SSR) O The minimization of the variance of the parameters O The minimization of the variance of the data O The maximization of the explained sum of squares (SSE)

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
icon
Related questions
Question
Consider the linear model y = Bo + B1r + u. Which criterion is used to find the OLS estimators for B9 and
B1?
O The minimization of the residual sum of squares (SSR)
O The minimization of the variance of the parameters
O The minimization of the variance of the data
O The maximization of the explained sum of squares (SSE)
Transcribed Image Text:Consider the linear model y = Bo + B1r + u. Which criterion is used to find the OLS estimators for B9 and B1? O The minimization of the residual sum of squares (SSR) O The minimization of the variance of the parameters O The minimization of the variance of the data O The maximization of the explained sum of squares (SSE)
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning