In regression analysis, which method is commonly used to estimate the parameters of a linear model by minimizing the sum of the squared differences between observed and predicted values?
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 50m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
12. Regression
Linear Regression & Least Squares Method
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Given a set of data points, the least squares regression line is calculated to best fit the data. Which of the following values is the most likely approximate slope of the line of best fit if the data shows a strong negative linear relationship?
A
B
C
D
Verified step by step guidance1
Understand that the slope of the least squares regression line represents the rate of change of the dependent variable with respect to the independent variable.
Recognize that a strong negative linear relationship means the slope should be a negative number with a relatively large absolute value, indicating a steep downward trend.
Compare the given slope options: -5.5, -4.5, -2.0, and -1.0, noting that more negative values correspond to steeper negative slopes.
Consider that extremely large negative slopes (like -5.5 or -4.5) might be too steep depending on the context, while smaller negative slopes (like -1.0) indicate a weaker negative relationship.
Conclude that the slope closest to -2.0 balances being negative and moderately steep, which aligns with a strong negative linear relationship without being excessively steep.
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