Assignment:
A scatter diagram includes the data points (x = 2, y = 10), (x = 3, y = 12), (x = 4, y = 20), and (x = 5, y = 16). Two regression lines are proposed: (1) , and (2) . Using the leastsquares criterion, which of these regression lines is the better fit to the data? Why?
Provide complete and step by step solution for the question and show calculations and use formulas.