Is It Always Possible to Do a Linear Best Fit

question 36

Multiple Choice

Is it always possible to do a linear best fit to a data set?

• A) Yes; the fact that all data are affected by random error makes them linear.
• B) Yes, but the fit may be meaningless if the data are not really linear.
• C) No; the data may not be linear to begin with.
• D) No; the value may be impossible to calculate.

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Definitions:

Competition

The rivalry between businesses to achieve greater sales, market share, and customer engagement.

Primary Reason

The main or most important cause or motive behind an action, decision, or situation.

Lose Customers

The process by which a business experiences a reduction in its customer base due to various factors such as poor service, high prices, or better competition.

Management Team

A group of individuals at the top level of an organization who are responsible for making strategic decisions and ensuring the company achieves its goals.