The Linear Least Squares Line Always Goes Through the Point

question 51

True/False

The linear least squares line always goes through the point corresponding to the mean values of X and Y.

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Definitions:

Enforcement

The act of compelling compliance with a law, rule, agreement, or order.

Acceptance

In contract law, an expression of agreement to the terms of an offer that results in a binding contract between the parties.

Auctioneer

A person or entity that conducts sales in which goods or property are sold to the highest bidder.

Highest Bidder

the person or entity that offers the highest price in a bidding process, such as an auction, and is typically awarded the item or contract up for bid.