The least squares line ŷ =10 + 5x describes the following coordinates: (1, 15), (2, 20), (3, 25), and (4, 30). Using these data as a specific example, explain the meaning of "least squares."     The line ŷ = 10 + 5x minimizes the sum of the squared horizontal distances from the points to the line.   The line ŷ = 10 + 5x minimizes the sum of the squared difference between the x and y values.   The line ŷ = 10 + 5x minimizes the sum of the vertical distances from the points to the line.   The line ŷ = 10 + 5x minimizes the square of the standard deviation.   The line ŷ = 10 + 5x minimizes the sum of the squared vertical distances from the points to the line.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 75E
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The least squares line ŷ =10 + 5x describes the following coordinates: (1, 15), (2, 20), (3, 25), and (4, 30). Using these data as a specific example, explain the meaning of "least squares."

 
 

The line ŷ = 10 + 5x minimizes the sum of the squared horizontal distances from the points to the line.

 

The line ŷ = 10 + 5x minimizes the sum of the squared difference between the x and y values.

 

The line ŷ = 10 + 5x minimizes the sum of the vertical distances from the points to the line.

 

The line ŷ = 10 + 5x minimizes the square of the standard deviation.

 

The line ŷ = 10 + 5x minimizes the sum of the squared vertical distances from the points to the line.

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