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Under the common law theory of strict liability, defendants cannot be held liable if they can prove they exercised reasonable care.
Regression Line
A line of best fit through a scatter plot of data points that shows the linear relationship between two variables.
Linear Regression
A statistical method used to model the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
Standard Error
A measure of the statistical accuracy of an estimate, indicating the variability of an estimate when different samples are taken from the same population.
Estimate \(sε\)
A statistical method used to approximate the standard deviation of the sampling distribution of a statistic.
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