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George and Bill walk into a bar,order a drink and begin playing pool.Several minutes later,one of the bar's regulars,Steve,hollers across the bar and calls Bill a sissy girl.Bill punches Steve and a fist fight ensues.This scenario depicts an example of
Least Squares
A method for estimating the best-fitting line in linear regression by minimizing the sum of the squares of the differences between observed and predicted values.
Regression Line
A line of best fit through a data set in linear regression, showing the relationship between independent and dependent variables.
Correlation Coefficient
A numerical measurement of the degree of association between two variables, indicating both the strength and direction of the relationship.
Linear Regression
A statistical method used to model the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
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