Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Statistics and Research Methods Correlation and regression of two variables
In the case of two variables. the estimated regression equation is ŷ = 60 + 5x. The total sum of squares is 15730 and the sum of squares due to error is 1530. The estimated regression line based on this information is a ______.
1
Poorest fit
2
Moderate fit
3
Good fit
4
Best fit