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In practice, Line of best fit or regression line is found when _____________

In practice, Line of best fit or regression line is found when _____________ Correct Answer Sum of the square of residuals ( ∑ (Y-h(X))2) is minimum

Here we penalize higher error value much more as compared to the smaller one, such that there is a significant difference between making big errors and small errors, which makes it easy to differentiate and select the best fit line.

Related Questions

In practice, Line of best fit or regression line is found when . . . . . . . .
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1. When lambda is 0, model works like linear regression model
2. When lambda is 0, model doesn't work like linear regression model
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04. When lambda goes to infinity, we get very, very large coefficients approaching infinity.
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Reason (R): The geometric mean between two regression coefficients is the co-efficient of correlation.
On the basis of the above, choose the appropriate answer :
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