Examlex
Consumer confidence refers to how sure consumers feel about their being able to make the right product and brand choices.
Predicted Value
The value forecasted using a statistical model or algorithm based on current or past data.
Coefficient Of Determination
A statistical metric, typically denoted as R², that measures the proportion of the variance for a dependent variable that's predicted from the independent variable(s) in a regression model.
SSE
Sum of Squared Errors, a measure used in statistical analysis to quantify the discrepancy between the data and an estimation model.
SST
Total sum of squares in statistical analysis, measuring the total variation in the observed data.
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