Multiple Choice
Why is Line B a better fit for the data in this graph?
A) For Line B, the average residual (difference between the actual Profits and point on the line) is zero.
B) For Line B, the residuals (difference between the actual Profits and point on the line) are uncorrelated with Price.
C) Line B's slope is less steep than the slope of Line A.
D) Line B's intercept is smaller than Line A's intercept.
Correct Answer:

Verified
Correct Answer:
Verified
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