The regression equations Y = a + bX and X = a' + b'Y are based on the method of

CA Foundation · Quantitative Aptitude · MTP · June 2024
The regression equations Y = a + bX and X = a' + b'Y are based on the method of
(A) A. greatest squares
(B) B. least squares
(C) C. both (a) & (b)
(D) D. none of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. least squares

Topics: Part-C: Statistics

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