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Answer the follow questions regarding the criterion used to decide on the line that best fits a set of data points a. What is that criterion called? b. Specifically, what is the criterion? Choose the correct answer below O extrapolation O response O least-squares O error The criterion says that the line that best fits a set of data points is the one having the

Q1.

blank spots are 1.) large/smallest 2.)sum/product 3.)error terms/squared errors/absolute value errors

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a) The criterion used to decide on the line that best fits a set of data points is least squares.

b) The criterion says that the line that best fits a set of data points is the one having the smallest possible sum of squared errors.

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