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Exhibit 6-3
Consider the continuous random variable X, which has a uniform distribution over the interval from 20 to 28.
-Refer to Exhibit 6-3. The probability that X will take on a value of at least 26 is
Independent Variable
A variable thought to be the cause or predictor of changes in a dependent variable.
Regression Function
An equation in mathematics that illustrates how one or more variables that can vary independently affect a variable that depends on them.
Estimated Regression Line
A line calculated from regression analysis that represents the relationship between independent and dependent variables.
Sales
The exchange of a commodity for money; the action of selling something.
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