For any set of data, the regression equation will always pass through
A)The point that represents the mean value of x and the mean value of y.
B)Every point in the data set.
C)At least two points in the data set.
D)The intercept and the slope.

Question

Quizplus · Accepted Answer

The regression equation is designed to minimize the sum of the squared differences between the observed values and the values predicted by the equation. A property of the regression line is that it always passes through the point that represents the mean of the x-values and the mean of the y-values. This is a fundamental characteristic of linear regression models.

For Any Set of Data, the Regression Equation Will Always