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Ordinary Least Squares: a. Maximizes R^2 b. Maximizes SSR c. Estimates the regression line with the...

Ordinary Least Squares:

a. Maximizes R^2

b. Maximizes SSR

c. Estimates the regression line with the minimum variance

d. Minimizes SSE

e. All of the above

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Answer #1

Solution:

Ordinary Least Squares:

a. Maximizes R^2

b. Maximizes SSR

c. Estimates the regression line with the minimum variance

d. Minimizes SSE

e. All of the above

Answer: e. All the above

Because all the above are mostly used in the ordinary least squares method of regression hence answer is all the above

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