
RIshi G. answered 03/09/23
North Carolina State University Grad For Math and Science Tutoring
The correct answer is C. The equation ŷ = 17.4 + 0.5x is called the least-squares regression line because it minimizes the sum of the squared distances from the actual y-value to the predicted y-value. In other words, it is the line that best fits the data points in the scatterplot by minimizing the total squared distance between each data point and the line. This line is often used to make predictions about new data that fall within the range of the observed data. Therefore, option C is the correct answer.