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Q: What is a line of best fit in a scatterplot?
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Which is the best equationof a line of best fit this scatterplot?

A straight line equation


Why you call regression line as line of fit?

It is called the line of best fit because it tends to satisfy all the possible points in consideration at the same time with minimal variation.


What are two reasons for all the points not been on a line of best fit?

A line of best fit is used to create an image of the overall correlation between two factors on a scatter graph (showing the general shape of the graph). As a line of best fit should be either a straight line or a smooth curve, the line visiting every point would be impossible to retain this shape (as the experimental results will likely not be identical to the theoretic ones). Also, a line of best fit can be used to highlight anomalous results, so the whole point of it would be destroyed if every point was visited anyway.


What points must the line of best fit go through?

As many as possible


Can you make a linear equation from a nonlinear table?

Using the line of best fit, yes.


How do you find a y-intercept of a scatter plot?

You have to put a line of best fit onto the graph and find where that line crosses the y-axis.


Is it true in a perfect relationship all point of a scatter plot fall on a line?

Yes if all points are on the same line of best fit


What does line of best fit mean?

Usually when there's 2 dots(data points), you can place a line.When there's more data points, there's way to calculate "best line" that reduces error to the minimum. So kind line best choice of approximate line that defines these dots.


Is the best-fit line helpful in estimating vaules of data points true or false?

Yes. (True)


What do the lines above the best fit line represent?

The lines above represent nothing other than invisibility!


What would you employ to know if there is a statistically significant difference between the means of two groups?

A bar chart, line graph or a scatter gram for the line of best fit


Can you have a correlation of 1.03?

I'm not sure that I have the right understanding for the question but it seems to fit. If you are talking about the r^2 value, correlation of a line of best fit, then it should not be over 1.