Q1 Identify the statement below that best describes why we chose the mean as our preliminary model. a) The mean is a balancing point about which the sum of the residuals is zero. b) The mean is the value that minimizes the sum of squares and therefore minimizes the variance. c) The mean is the value that minimizes the sum of sqaures and therefore minimizes the standard deviation. d) All of the above.
Q1 Identify the statement below that best describes why we chose the mean as our preliminary model. a) The mean is a balancing point about which the sum of the residuals is zero. b) The mean is the value that minimizes the sum of squares and therefore minimizes the variance. c) The mean is the value that minimizes the sum of sqaures and therefore minimizes the standard deviation. d) All of the above.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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