Definition of line of best fit

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TeachMeFinance.com - explain line of best fit



line of best fit

The term 'line of best fit ' as it applies to the area of basic math can be defined as 'a line drawn on a scatter plot to estimate the linear relationship among the data'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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