Question

A regression line is a straight line which:

a) is located as close as possible to all the points of a scatter chart

b) is defined by an equation having 2 parameters: the slope and the intercept

c) provides an approximate relationship between the values of two

parameters d) is parallel to one of the coordinate axes​

Answer 1

Answer:

a regression line is a straight line which is defined by an equation having two parameters the slope and the intercept

Step-by-step explanation:

I I hope it helps

Answer 2

REGRESSION LINE

Regression line is a straight line which (B) is defined by an equation having 2 parameters: the slope and the intercept.

GETTING TO KNOW MORE ABOUT REGRESSION LINE:

* A regression line is a curve that is used to represent how a collection of data behaves. In other words, it displays the data's best trend. Forecasting techniques benefit from regression lines. Its goal is to describe how the dependent variable (y variable) interacts with one or more independent variables (x variable).

* By entering alternative values for the independent variables, the equation derived from the regression line functions as an analyst who may foresee future behaviour of the dependent variables.

* Regression lines are employed in both the financial and commercial worlds. Linear regressions are used by a variety of financial analysts to anticipate stock prices, commodities prices, and conduct valuations on a variety of securities.