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What is the line of best fit? Why do we want the sum of the residuals to be as close to zero as possible?

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Answer:

Explanation:

A line of best fit is a straight line that shows the appropriate correlation among scatter plots of a given data. It is majorly used when the plotted points are not linear, it can be used to express the relationship between dependent and independent variables.

The sum of the residuals should be close to zero because it shows that the line of best fit is accurately drawn. Thus, it implies that there is a linear relationship between the two variables. Since he residual is close to zero, the graph could be said to be a linear graph.

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