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How does the value of r relate to how easy it is to estimate the least-squares fit line?

How does the value of r relate to how easy it is to estimate the least-squares fit-example-1
User Sylber
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1 Answer

23 votes
23 votes

Problem

Solution

The value of r indicates the tendency for the line or the slope if the value of r is negative then the slope would be - and if the value of r is + then the slope would be positive

And as we can see here r =-0.83 and the slope m = -1.21

How does the value of r relate to how easy it is to estimate the least-squares fit-example-1
User Crackanddie
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