For least-squares to work well, we need: the relationship between x and y to be non-linear. residuals to be Uniformly distributed. the residuals to have a mean of zero. the residuals to be correlated with the explanatory variable.

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
For least-squares to work well, we need:
) the relationship between x and y to be non-linear.
residuals to be Uniformly distributed.
) the residuals to have a mean of zero.
the residuals to be correlated with the explanatory variable.
Transcribed Image Text:For least-squares to work well, we need: ) the relationship between x and y to be non-linear. residuals to be Uniformly distributed. ) the residuals to have a mean of zero. the residuals to be correlated with the explanatory variable.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning