The formulas for computing the intercept and slope for a least squares simple regression equation ensure that the sum of the squared residuals will equal zero. True

Elementary Linear Algebra (MindTap Course List)
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ISBN:9781305658004
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Chapter5: Inner Product Spaces
Section5.CM: Cumulative Review
Problem 21CM
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The formulas for computing the intercept and slope for a least squares simple
regression equation ensure that the sum of the squared residuals will equal zero.
True
False
Transcribed Image Text:The formulas for computing the intercept and slope for a least squares simple regression equation ensure that the sum of the squared residuals will equal zero. True False
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