Regression Line:A regression line is a best-fit line that represents the linear relationship between two variables, minimizing the overall distance between the line and the data points.
Residual: A residual is the difference between an observed value and the corresponding predicted value on the regression line, indicating the degree of fit between the data and the model.
Leverage: Leverage is a measure of how much an individual data point influences the slope and intercept of the regression line, with high leverage points having a greater impact on the model.