Concept
Version 7
Created by Boundless
Least-Squares Regression
Best Fit Line
This shows how the scatter plots form a best fit line, implying there may be correlation.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Mihai Nica, Principles of Business Statistics. June 11, 2013."
http://cnx.org/content/m17090/latest/?collection=col10874/latest
OpenStax CNX
CC BY 3.0.