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Explain the Concept of Marketable Title

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Explain the concept of marketable title.


Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly the mean, reflecting the variability of an estimate from sample to sample.

Estimate

An approximate calculation or judgment of the value, number, quantity, or extent of something.

Coefficient of Determination

A statistical measure, often denoted as R², that represents the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Coefficient of Correlation

A numerical metric that determines the intensity and course of a straight-line association between two variables that can be quantified.

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