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Corporate scope is shaped by:
Scatter Diagram
A graphical representation that shows the relationship between two variables, plotted as points on a Cartesian coordinate system.
Linear Model
A statistical model that assumes a linear relationship between input variables (independent) and a single output variable (dependent).
Oil Quality
Oil quality refers to the chemical and physical properties of oil that dictate its suitability for various uses or processes.
Least Squares Regression
A statistical method used to determine the line of best fit by minimizing the sum of squares of the vertical distances of the points from the line.
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