You use in line to best fit the set of data to make a prediction about the unknown value. The correlation coefficient for your data set is - 0.015. How confident can you be that your predicted value will be reasonably close to the actual value?
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Home » Mathematics » You use in line to best fit the set of data to make a prediction about the unknown value. The correlation coefficient for your data set is - 0.015. How confident can you be that your predicted value will be reasonably close to the actual value?