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7. The line of best fit is the 8. The point at which the regression line crosses the is referred to as the intercept. 9. The
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As HOMEWORKLIB answering guidelines for multiple questions, answering the first 4 questions completely

7. The line of best fit is the trendline or the regression line

The trendline or regression line is the line which is the best fit for all the given points such that the error (difference in actual value and predicted value is minimized)

8. The point at which regression line crosses the y-axis is referred to as the intercept.

A typical regression line is shown below with the corresponding intercept where the regression line meets the y-axis

9. The proportionate reduction in error is also called the R2

R2 (R-squared) is used to denote the proportionate reduction in error or how much of the variance in the dependent variable is explained by the variance in the independent variable

10. Orthogonal variables are independent variables that makes a separate but distinct contributions in the prediction of a dependent variable, as compared with the contributions of another variables

Orthogonal variables are uncorrelated variables. That means the impact of these variables in the output is not dependent on the impact of any other variables.

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