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A new business that has begun from scratch is called a:
PGA Tour
A professional golf circuit for men in the United States, organized by the Professional Golfers' Association of America.
Simple Linear Regression
A statistical method used to model the relationship between a dependent variable and a single independent variable, assuming a linear relationship.
Residual
The difference between the observed value and the value predicted by a model, indicating the error in prediction for that specific point.
Least-squares Line
A line of best fit determined by the least squares method, which minimizes the sum of squared vertical distances between the actual data points and the predicted points on the line.
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