Asked by Bijeta Pradhan on Jul 05, 2024
Verified
Why is the regression line called the line of best fit?
Regression Line
A line through a scatter plot of data points that best expresses the relationship between those points.
Best Fit
"Best fit" refers to a line or curve that most closely approximates the data points in a scatter plot, used in linear regression and other modeling techniques to predict outcomes.
- Comprehend the concept and interpretation of a regression line as the line of best fit.
Verified Answer
HN
Hoàng Nguy?n LêJul 11, 2024
Final Answer :
Because the regression line minimizes the distance between each individual point and the regression line.
Learning Objectives
- Comprehend the concept and interpretation of a regression line as the line of best fit.