Least squares I Consider the four points (10, 10), (20,

Chapter 6, Problem 77E

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Problem 77E

Least squares I Consider the four points (10, 10), (20, 50), (40, 20), and (50,80). The least squares line is yn = 7.0 + 1.1x. Explain what “least squares” means, using these data as a specific example.

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