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John R.Harland Company is best known for printing checks.Its Financial Solutions division develops software for mortgage companies,which is a growing industry.This division is currently not producing at the desired level of profitability,but Harland plans to turn the division into a success by acquiring other companies that develop similar software.To accomplish this,Harland will be engaging in a _____ strategy.
Regression Line
A straight line that describes how a response variable Y changes as an explanatory variable X changes, used in linear regression.
Least Squares Regression Line
A straight line that minimizes the sum of the squared differences between the observed values and the values predicted by the line.
Estimated Value
An approximation of a quantity based on available information or statistical methods.
Observations
Individual data points or items recorded during an experiment or survey.
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