Determining the Best-Fit Line for a Data Set by Utilizing

question 29

Short Answer

Determining the best-fit line for a data set by utilizing the least-squares linear regression,the slope of the resulting line represents a useful estimate known as the ________,[two words] for which we use the symbol h².

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Definitions:

PMT Function

It is a financial function that calculates the payment for a loan based on constant payments and a constant interest rate.

Rate

A measure or quantity considered in relation to another quantity or measure, often used to describe the speed, frequency, or cost of something.

Nper

A financial function that calculates the number of payment periods for an investment or loan based on constant payments and constant interest rates.

Fv

Future value; a finance function used to calculate the future value of an investment based on periodic, consistent payments and a steady interest rate.