Examlex
The answer to the question "What is your sleeping bag temperature rating?" is an example of a ratio scaled variable.
Sales
The exchange of goods or services for money, constituting a primary activity for commercial businesses.
Scatter Diagram
A type of graph used in statistics to display values for two variables for a set of data, showing the relationship between the variables.
Linear Model
A statistical model assuming a linear relationship between the input variables (predictors) and a single output variable.
Income
The financial gain received by an individual or entity, usually through wages, investments, or business operations.
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