What does the "line of best fit" in simple linear regression minimize? Question 1 options: The sum of all of the predicted values The sum of the absolute deviations between actual and predicted values The sum of the differences between actual and predicted values The sum of the squared differences between actual and predicted values

A line of best fit is a regression line that fits best when drawn through all the points.

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What does the "line of best fit" in simple linear regression minimize?

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.CR: Chapter Review Exercises

Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...

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Question

What does the "line of best fit" in simple linear regression minimize?

Question 1 options:

	The sum of all of the predicted values
	The sum of the absolute deviations between actual and predicted values
	The sum of the differences between actual and predicted values
	The sum of the squared differences between actual and predicted values

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