Figure 1.2 Using the Figure Above, Identify the Labeled Part

question 165

Short Answer

Figure 1.2

Using the figure above, identify the labeled part.
-Label K: ______________________________

---

Definitions:

Y-Intercept

The point where a line or curve crosses the y-axis of a graph.

Slope

In mathematics and statistics, the measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Least Squares Regression Line

A linear line that optimally aligns with the scatter plot data points by minimizing the total of the squared vertical deviations from the line.

Predicted Value Of Y

The value estimated based on a regression line for a given X value in the context of linear regression.