Question: 24. A regression line is a straight line which: (Select all thatapply) [JUSTIFY ANSWER WITH RATIONALES] A. is located as close as possible to all

24. A regression line is a straight line which: (Select all thatapply) [JUSTIFY ANSWER WITH RATIONALES]

A. is located as close as possible to all the points of ascatter chart

B. is defined by an equation having 2 parameters: the slope andthe intercept

C. provides an approximate relationship between the values oftwo parameters

D. is parallel to one of the coordinate axes

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