What is least-squares criterion
Assignment:
What is least-squares criterion, and what does it have to do with obtaining a regression line for a given set of data?
Provide complete and step by step solution for the question and show calculations and use formulas.
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What happens to the width of a prediction interval for y as the x value on which the interval estimate is based gets farther away from the mean of x? Why?
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For a given value of x, which will be wider, a 95% confidence interval or a 95% prediction interval? Explain.
What kind of incentives may the government or local community offer to encourage small business owners to improve sustainability practices?
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