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Erik is the president and owner of Watch Out,a local website development company that helps clients create and build unique websites.Many of his daily tasks are heavily technical in nature and require a high level of computer programming and internet knowledge.Which of the below would Erik primarily use when performing his daily tasks?
Regression Line
A straight line that best fits the data on a scatterplot, showing the average relationship between the independent and dependent variables.
Slope
The gradient or tilt of a line on a graph, indicating the relationship between two variables.
Y-Intercept
This refers to the point on a graph where the line crosses the Y-axis, typically representing the value of the dependent variable when the independent variable is zero.
Regression Equation
A mathematical formula used to predict a value of a dependent variable based on the value(s) of one or more independent variables.
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