Examlex
An airline ticket counter, with several agents for one line of customers, is an example of a
Correlation Coefficient
A statistical measure that calculates the strength of the relationship between two variables and their direction (positive or negative).
y-Intercept Coefficient
The constant term in a linear regression model, representing the value of the dependent variable when all independent variables are set to zero.
Simple Linear Regression
A regression model that estimates the relationship between a dependent variable and one independent variable using a straight line.
Sum of Squares
A statistical measure that quantifies the total deviation of each observation from the mean, used in variance and standard deviation calculations.
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