In the method of least squares, we find

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Inferential Statistics

Question:

In the method of least squares, we find trend values using:

Options:

Variance

Mean

Line of best fit

Central limit theorem

Correct Answer:

Line of best fit

Explanation:

The correct answer is Option (3) → Line of best fit

$\text{Method of least squares determines the best fitting trend line}$

$\text{It minimizes the sum of squared deviations}$

The correct answer is Line of best fit.