Answer:
The best fit line is a regression line explaining relationship between dependent & independent variables, minimising the residual differences between observed values & actual values of dependent variable.
Step-by-step explanation:
Regression is a statistical process that explains relationship between dependent variable & independent variable(s). Scatter plot depicts the regression relationship between the variables in a graphical form.
Scatterplot showing snowfall measured in inches : is a graphical depiction of - regression relationship between snowfall as a dependent variable with its explanatory (independent) variables ; like temperature, humidity , other climate & weather factors etc.
The line of best fit would be a regression line (scatterplot), which describes the relationship of snowfall with its above mentioned explanatory variables, in such a way that the estimated value of snowfall is closest possible tothe actual values of snowfall (i.e their difference is minimum).
