In a simple linear regression the best fitting linear model always passes through point (x̅,y̅).

Name: In a simple linear regression the best fitting linear model always passes through point (x̅,y̅).
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Quizplus · Accepted Answer

This is true because the point (x̅,y̅) represents the mean or average values of x and y, and the line of best fit minimizes the distance between the actual data points and the predicted values on the line, which means it must pass through the mean point.

In a Simple Linear Regression the Best Fitting Linear Model