For the line of best fit in any scatter plot, the following statements are true:
- The line must represent the general relationship between the two variables.
- The line of best fit can, sometimes, be used as a prediction tool; showing a trend in the data.
The other statements are not necessarily true:
- The line of best fit MUST cross through at least 2 points in the scatter plot. (This is not required; the line may not pass through any of the points.)
- The line of best fit should be an exact representation of the data points. (This is not true; the line represents a trend, not an exact fit.)
- The line of best fit must have an equal number of points above and below the line. (This is not required; it may have more points on one side than the other.)