Geography · Statistical Methods
Read the following statements about classical linear regression based on the ordinary least squares (OLS) method and identify the correct statements: A. The sum of the vertical deviations of the observed values from the estimated straight line is equal to zero. B. It is not possible to estimate the dependent variable using linear regression equations. C. The variable to be predicted or estimated is called the dependent variable. D. The sum of the squares of vertical deviations of the observed values from the derived straight line is minimized. Choose the correct answer from the options given below:
- 1A and B only
- 2B, C and D only
- 3A, C and D only✓
- 4A, B and D only
Correct answer
A, C and D only
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