Picturing Distributions with Graphs
The use of a regression line for prediction of values of the explanatory variable far outside the range of the data from which the line was calculated
What is extrapolation?
The distance between the data points and the regression line.
What are residuals?
This tells us how the predicted y-variable changes as the x-variable increases by 1
What is slope?
The % of variation in the y-values that is explained by the variation in the x-values
What is R2