True or False: A least squares linear trend line is just a simple regression line with the years recorded.

Question

Quizplus · Accepted Answer

A least squares linear trend line is a type of regression line that models the relationship between two variables (in this case, time and the variable being analyzed) with a straight line. The difference between a simple regression line and a least squares linear trend line is that the latter is specifically used to model trends over time. Therefore, the answer is True.

True or False: a Least Squares Linear Trend Line Is