Examlex
________ is a class of procedures primarily used for data reduction and summarization.
Squared Deviations
The squares of the differences between individual observations and the mean of those observations, often used in statistical analysis to measure variance.
Regression Line
A statistical tool used in linear regression analysis that represents the relationship between two variables, showing the expected value of the dependent variable for a given value of the independent variable.
Margin Of Safety
The excess of budgeted or actual dollar sales over the break-even dollar sales.
Margin Of Safety Percentage
A financial ratio that measures the difference between actual or projected sales and the break-even point, expressed as a percentage of sales.
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