BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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approximation line
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trend line
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line of zero intercept
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line of zero slope
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Detailed explanation-1: -Correct. A trendline is a line that provides an approximation of the relationship between two quantitativevariables called independent and dependent.
Detailed explanation-2: -Scatter Diagram or Plot is a graphical representation of relationship between two quantities variables, and a trend line is a line that provides an approximation of the relationship.
Detailed explanation-3: -A trendline is a line that provides an approximation of the relation between two quantitative variables.
Detailed explanation-4: -A scatterplot shows the relationship between two quantitative variables measured for the same individuals. The values of one variable appear on the horizontal axis, and the values of the other variable appear on the vertical axis. Each individual in the data appears as a point on the graph.
Detailed explanation-5: -A scatterplot is a type of data display that shows the relationship between two numerical variables.