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application of the least-squares procedure

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The application of the least-squares procedure to a multiple linear regression equation requires that:

a no exact linear relationships can exist among any of the independent variables

b the number of observations (n) must exceed the number of b parameters to be estimated (m)

c the number of observations (n) must exceed the number of parameters to be estimated (m + 1)

d a and b

e a and c

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Solution Summary

Demonstrate the application of the least-squares procedure.

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