24. A regression line is a straight line which: (Select all thatapply) [JUSTIFY ANSWER WITH RATIONALES] A.
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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
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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