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Regarding the line that best fits a set of data points,

a. What is that line called?

b. What is the equation of that line called?

Short Answer

Expert verified

a. Regression line.

b. Regression equation.

Step by step solution

01

Part(a) Step 1: Given information

We need to find the line that best fits a set of data points.

02

Part(a) Step 2: Explanation

The regression line is the line that best fits a group of data points is called . It is the line that most closely resembles the data and has the shortest overall distance between it and the graph's points.

03

Part(b) Step 1: Given information 

We need to find the equation of this line that best fits a set of data points.

04

Part(b) Step 2: Explanation

The equation of this line is called regression equation. It is used to determine if there is a relationship between two pieces of data. It has the form y=ax+b, with y as the dependent variable, x as the independent variable, b as the line's slope and a as the y-intercept.

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