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Based on the following information, determine the current assets, assuming all accounts have a normal balance?
Correlation Coefficient
Quantitative assessment designed to determine the magnitude and directionality of a linear association between two variables.
Regression Analysis
A statistical method for estimating the relationships among variables, particularly the relationship between a dependent variable and one or more independent variables.
SST
Total Sum of Squares, a measure in statistical analysis that quantifies the total variation within a dataset.
SSR
The sum of squared deviations of predicted values from the mean of observed values in regression analysis.
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