- Prof Dev
This simulation illustrates least squares regression and how the least squares solution minimizes the sum of the squared residuals. The applet demonstrates, in a visual manner, various concepts related to least squares regression. These include residuals, sum of squares, the mean line, how the line of best fit is determined, and how the line of least squares solution minimizes the sum of the squared residuals.
A joke to use when teaching about choices of binary response data models like the Logistic or Probit models by University of Texas at El Paso professor of Mathematical Sciences, Lawrence Mark Lesser (1964-).