SOLUTION: A regression equation gives the best fitting line for a set of data. What does best fitting line mean in this context?
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Question 1055149: A regression equation gives the best fitting line for a set of data. What does best fitting line mean in this context? Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! For each data point, the error is calculated from the regression line.
That error is minimized from the infinite number of possible lines with the best fitting line.
