Examlex
Age, reported by year, is an example of a ratio variable.
Independent Variables
Variables in a study or experiment that are manipulated or categorized to determine their effect on dependent variables.
Variance
A measure of variability based on the squared deviations of the data values about the mean.
Error Term
The difference between observed values and the expected values in a statistical model, representing unpredicted or unexplained variation.
Dependent Variable
The variable that is being predicted or explained. It is denoted by y.
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