106k views
0 votes
Why is a regression line referred to as the line of best fit?

User Nii Laryea
by
8.1k points

1 Answer

2 votes

Answer with explanation:

When there is a linear relationship is observed between the variables, we use linear regression predict the relationship between them.

Also, we predict the values for dependent variable by modelling a linear model that best fits the data by drawing a line Y=a+bX, where X is the explanatory variable and Y is the dependent variable.

In other words: The line of best fit is a line through a scatter plot of data points that best describes the relationship between them.

That's why the regression line referred to as the line of best fit.

User Mattinbits
by
7.5k points

No related questions found