Refer to the correlation plot of Fig XXXXXXXXXXSuppose the dashed line represents the least-squares line for all the solid black points. If a new value is added in the location shown by the gray point...


Refer to the correlation plot of Fig. 7-13. Suppose the dashed line represents the least-squares line for all the solid black points. If a new value is added in the location shown by the gray point P, but no other new values are added, what will happen to the least-squares line?


(a) It will move to the left of the position shown.


(b) It will move to the right of the position shown.


(c) Its position will not change from that shown.


(d) More information is necessary to answer this question.



Fig. 7-13. Illustration



May 26, 2022
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