Examlex
An American traveling abroad observes locals eating chocolate covered crickets. While she does not partake herself, she does not judge the practice. She is exhibiting
Least Significant
Refers to the component of a data set, measurement, or statistical result that contributes the least impact or importance.
Explanatory Variables
Variables in a statistical model that are used to explain variation in the response variable, also known as independent or predictor variables.
Sales
The activities related to selling or the amount of goods or services sold in a given time period.
Confidence Interval
A range of values, derived from a data set, that is likely to contain the true value of an unknown population parameter.
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