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You carry out regression which requires using formulae which are not easy to write in a non-mathematical browser. Consult any elementary statistical text book and look for linear regression.
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∙ 11y ago
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What is the process of finding line of best fit called?
Finding the line of best fit is called linear regression.
What is a purpose of a scatter graph?
By finding a correlation trend by means of line of best fit.
How can you use a scatter plot to find an equation of a trend line?
By finding the line of best fit and using the straight line equation formula.
Why does the line of best fit have to start from 0?
The line of best fit does not have to start from 0.
Is the best fit line the same as the line of best fit?
Yes but phrased differently
What is a line of best fit on a line graph?
The line that minimized the sum of the squares of the diffences of each point from the line is the line of best fit.
What is a line that is not a line but is almost a line?
A line of best-fit.
Why does best fit line does not touch all data points?
Because the "best fit" line is usually required to be a straight line, but the data points are not all on one straight line. (If they were, then the best-fit line would be a real no-brainer.)
What is the difference between a trend line and a line of best fit and how are they useful in analyzing data?
What is the difference between a trend line and a line of best fit
Why is a best fit line used?
The line of best fit is the best possible answer you can get from raw data. They also can be used to make predictions.
Does the line of best fit have to start from the origin?
The line of best fit does not have to pass through the 0 (origin) and rarely does
What is a best-fit-line?
A best-fit line is the straight line which most accurately represents a set of data/points. It is defined as the line that is the smallest average distance from the data/points. Refer to the related links for an illustration of a best fit line.
