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Linear regression equations are a great tool for making predictions however they are frequently used inappropriately. For example, consider the scatter plot below: The graph
Linear regression equations are a great tool for making predictions however they are frequently used inappropriately. For example, consider the scatter plot below:
The graph displays the relationship between age and retirement account balance. Would a prediction made using a linear model be effective? Why or why not?What is another option you could suggest whenmakinga prediction?
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