Answer:
B) The sum of the squared residuals
Step-by-step explanation:
Least Square Regression Line is drawn through a bivariate data(Data in two variables) plotted on a graph to explain the relation between the explanatory variable(x) and the response variable(y).
Not all the points will lie on the Least Square Regression Line in all cases. Some points will be above line and some points will be below the line. The vertical distance between the points and the line is known as residual. Since, some points are above the line and some are below, the sum of residuals is always zero for a Least Square Regression Line.
Since, we want to minimize the overall error(residual) so that our line is as close to the points as possible, considering the sum of residuals wont be helpful as it will always be zero. So we square the residuals first and them sum them. This always gives a positive value. The Least Square Regression Line minimizes this sum of residuals and the result is a line of Best Fit for the bivariate data.
Therefore, option B gives the correct answer.
Answer:
Step-by-step explanation:
a). Stock price arranged as arithmetic sequence will be,
5, 8, 11, 14
b). Since, explicit formula of an arithmetic sequence is given by,
Here, 
= nth term of the sequence
a = first term
n = number of term
d = common difference
From the table attached,
First term of the sequence 'a' = 5
Common difference 'd' = 8 - 5 = 3
Therefore, explicit formula for the given sequence will be,
c). Slope intercept form of the equation will be,
y = 3x + 2
d). Input out values for the graph of the given equation,
x 0 1 2 3
y 2 5 8 11
By using this data we can graph the line.
