-In the above figure, a price of $35 per dozen would result in
Definitions:
Histogram
A graphical representation that uses bars to show the frequency distribution of a dataset.
Coefficient Of Determination
A statistical measure, often denoted as R², that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.
Independent Variables
Elements in research or a scenario that are altered or sorted to explore their influence on response variables.
Regression Equation
An equation that expresses the linear relationship between one or more independent variables and a dependent variable.
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