Tutorial - Learn how to sketch a best fit line from a scatter plot

The video tutorial explains how to estimate and draw a best fit line on a scatter plot. It covers methods for estimating the line, ensuring a balance of points above and below the line, and making adjustments based on data distribution. The tutorial also discusses the importance of correlation in determining the applicability of a best fit line.

Explain the importance of having an equal number of points above and below the best fit line.

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How can the distances of points from the best fit line affect its accuracy?

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