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10. The line that best fits a set of data points according to the least-squares criterion is called the________line.

Short Answer

Expert verified

The line that best fits a set of data points according to the least-squares criterion is called the regression line.

Step by step solution

01

Concept Introduction

Least-squares criterion:

The line that best fits a set of data points with the minimum sum of squared error among all lines is known as the least-squares criteria.

02

Explanation 

The regression line is the line that best fits a set of data.

Least-squares regression lines minimize the vertical distance between data points and the regression line in order to fit a linear relationship between two variables.

As a result, the regression line is the line that best fits a set of data points using the least-squares criterion.

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