Examlex
According to the textbook,four new technologies are expected to have impact on marketing.These are:
Sum of Squares
A statistical technique used to quantify the variation within a data set by summing the squared deviations of each data point from the mean.
Prediction Equation
An equation used to predict the value of a dependent variable based on the values of one or more independent variables.
Multiple Regression
A statistical method leveraging various predictors to estimate the result of a dependent variable.
Stepwise Regression
A method of fitting regression models in which the choice of predictive variables is carried out by an automatic procedure.
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