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Under a__________ , vendors provide and hourly rate and an estimate about the time and material needed.
Regression Line
A statistical tool used in linear regression to model the relationship between two variables by fitting a line through the data points that best represents the dependence of one variable on the other.
Dependent Variable
A variable in statistical modeling or experimental design that is expected to change as a result of manipulations to the independent variable.
Slope
In mathematics, the slope describes the steepness, incline, or grade of a line, defined as the ratio of the vertical change to the horizontal change between two points on the line.
Intercept
The point on a graph where a line or curve crosses an axis, often used to determine where a function or equation equals zero.
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