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A line is drawn on a scatter plot, as shown below:
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35 votes
A line is drawn on a scatter plot, as shown below:

A line is drawn on a scatter plot, as shown below:-example-1
User Giona
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27 votes

The line of best fit is the line which closely fits the data points.

Therefore from the look of the graph the statement which best defines the line is that it is the line of best fit because it closely fits the data points. Hence the fourth option is right.

User Malcolmpdx
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