4.1 mark Which of the followin statement is correct? The correlation coefficient r answers the question: how close do these points in the scatter plot come to falling on The best fitted line is the one with the smallest sum of residuals. The intercept measures the average value of the Yvalue when the X-variable equals to 1. If there is a statistically significant linear relationship, then we can conclude that a change in the Xvariable leads T residuals. v