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Seymour used to get quite a "buzz" from his first cup of coffee in the morning. Now he finds that he doesn't start to feel alert until his third cup. This suggests that Seymour
Variance
The square of the standard deviation, indicating how much the values in a set vary from the mean.
Prediction Interval
A range of values that is likely to contain the value of an unknown parameter for a given level of confidence.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.
Regression Line
A line of best fit through a scatter plot of data points in statistical analysis, showing the relationship between two variables.
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