Linear regression(redirected from Best fit line)
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Related to Best fit line: linear regression
A statistical technique for fitting a straight line to a set of data points.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A statistical technique in which one takes a set of data points and plots them on a line. Linear regression is used to determine trends in economic data. For example, one may take different figures of GDP growth over time and plot them on a line in order to determine whether the general trend is upward or downward.
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