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The line of best fit is an output of regression analysis that represents the relationship between two or more variables in a dataset.
3rd level Interpreting and describing data Line of best fit Data is presented in different ways across diagrams, charts and graphs.
Figure 2: Animated graph showing possible places a line of best fit could be drawn. Credit: Technology Networks. Through the magic of least sums regression, and with a few simple equations, we can ...
With line graphs, you have a choice between connecting the plots point-to-point, or using a line of best fit. Joining dots point to point is essential to show fluctuations in data - for instance ...
The least-squares criterion is a method of measuring the accuracy of a line in depicting the data that was used to generate it. That is, the formula determines the line of best fit.
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