If you understand the definition of a mathematical function, a good way to judge it is that any line drawn parallel to the y-axis intersects with the values in the function’s curve only once. The same ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Line of best fit refers to a line through a scatter plot of data points that ...
Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...