The line of best fit obtained by the least-squares method is called ______.

a. regression line
b. linear line
c. nonlinear line
d. moving average line


a. regression line

Business

You might also like to view...

The relationship between employee engagement and productivity is complex. Describe how you would go about increasing productivity through employee engagement.

What will be an ideal response?

Business

________ measures the profits generated by investments in marketing activities

A) A SWOT analysis B) A marketing audit C) Regression analysis D) Return on marketing investment E) Marketing budget evaluation

Business

Which of the following is the term for customers who enthusiastically share their positive experiences with a product with friends, neighbors, and colleagues?

A) satisfied customers B) product champions C) neutral customers D) switchable customers E) defecting customers

Business

Bradley Wholesale Foods purchased a new computer system for the personnel department. All of the equipment was delivered on time, installed properly, and the employees at Bradley were given effective systems training

The new equipment and the post-sale service surpassed the customer's expectations. The staff at Bradley Wholesale Foods has most likely experienced a: A) moment of magic B) moment of truth C) moment of misery D) remorseful moment E) cross-selling moment

Business