Q: Which of the following statements about simple linear regression are correct?
(A) In simple linear regression, one variable is treated as dependent and the other as independent;
(B) The regression line of Y on X is used to predict values of X given values of Y;
(C) The least squares method chooses the line that minimises the sum of squared vertical deviations of data points from the line;
(D) Regression analysis can be used for both prediction and explanation of relationships between variables;
(E) A perfectly horizontal regression line indicates that Y changes as X changes;
Choose the correct answer from the options given below:

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