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Acronyms that contain the term line of best fit
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What does line of best fit mean?
- line of best fit(Noun)
- A line on a scatter plot that best defines or expresses the trend shown in the plotted points. It is chosen so that the sum of the squares of the distances from the points to the line is a minimum. It also illustrates the correlation (positive, negative, or zero (no) correlation) between the plotted variables.
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