1. Describe what a line is that satisfies the least-squares property-what is it and what is the function? (Please share your own way of understanding it).
2. This week we looked at regression analysis. What is the difference between a simple regression analysis and multiple regression? Please give examples.© BrainMass Inc. brainmass.com October 9, 2019, 4:45 pm ad1c9bdddf
1. The line which satisfies the least-squares property minimizes the squared deviations from the data, that is, given data, (x_1,y_1),...,(x_n,y_n), minimize:
(x_1- (m y_1 + b))^2 +. . . . (x_n - (m y_2 + b))^2, where m is the slope and b is ...
Provides a solution to each of the given questions.