A regression line describes the relationship between the dependent and independent variables and can be used...

A regression line describes the relationship between the dependent and independent variables and can be used to estimate specific points for x or y, provided an individual is supplied with the values of all the other variables but one.

true or false

Expert Solution

True.

As the regression shows the relationship between the independent and dependent variables. It also shows how these variables are related to each other.

And the regression equation is used to estimate the value of variable of all the value of data points are given except one.

For ex- let us consider a regression equation

Y=a+ b*X

From this equation we can estimate the value of X by putting value of a,b and Y and estimate the value of Y by putting value of a,b and X.

orchestra answered 2 years ago

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