Examlex
What are the two basic types of life insurance? Give examples of each.
Independent Variables
Variables in an experiment or model that are manipulated to observe their effect on dependent variables.
Relevant Predictors
Variables that have a significant impact on the outcome of a statistical model or prediction.
T-statistic
A statistic derived from sample data that is used in hypothesis testing to determine if there is a significant difference between sample means.
Regression Model
A mathematical representation used in statistics that describes the relationship between a dependent variable and one or more independent variables.
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