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In simple linear regression analysis, we assume that the variance of the independent variable (X) is equal to the variance of the dependent variable (Y).
Exxon
An American multinational oil and gas corporation, known as one of the world's largest publicly traded energy providers and chemical manufacturers.
Climate Change
A long-term alteration in global or regional climate patterns, often attributed significantly to human activities, especially fossil fuel combustion which increases greenhouse gas levels in Earth's atmosphere.
Carbon Dioxide
A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, considered a greenhouse gas contributing to global warming.
Eminent Domain
The power of a government to take private property for public use, with compensation provided to the owner.
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