Data is rarely so uniform and predictable that plotting data points creates a perfectly linear arrangement. Scatter charts might have wildly varying plots that create a seemingly random correlation ...
The 'line of best fit' is a line that goes roughly through the middle of all the scatter points on a graph. The closer the points are to the line of best fit the stronger the correlation is. This ...
Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...