A regression line always minimises the vertical distances, it's based on OLS regression, ie assumes a linear relationship y=a+bx+e and minimises the sum of the squares of the e's. The slope… (View Post)

He literally graphed the data. (View Post)

He says there is "some evidence of a positive association" which I read as "they are positively correlated but it's probably not significant". Clearly the relationship is not… (View Post)

Plus if inheritance tax is paid on unrealised capital gains, eg on the primary residence, then it hasn't been taxed already! (View Post)

If "already been taxed" is a criterion then what about VAT? You pay it on goods and services bought with already taxed income. (View Post)