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Suppose you see an ad for a deodorant that focuses on how effective it is in comparison tests, how it compares in cost to other products, and that it is all-natural. The persuasion appeal is:
Regression Model
A statistical technique used to estimate the relationship between a dependent variable and one or more independent variables.
SST
A measure of the total variation in a dataset that is the sum of squares total, often used in the context of regression analysis.
SSE
The overall sum of errors squared, highlighting the divergence between a model's predictions and real-world data observations.
Least Squares Estimate
A method in statistics for estimating the best-fitting line to a set of points by minimizing the sum of the squares of the differences between the observed values and the values provided by the model.
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