Examlex
For the commodity terms of trade to improve, a country's import price index must rise relative to its export price index over a given time period.
Dependent Variable
The outcome variable in a study, experiment, or statistical model, whose variation depends on factors represented by independent variables.
Multicollinearity
A statistical phenomenon in which multiple independent variables in a regression model are highly linearly related, affecting the model’s accuracy.
Multicollinearity
A statistical phenomenon in which several independent variables in a regression model are highly correlated, potentially distorting the results of regression analysis.
Regression Coefficients
Parameters in a regression model that represent the change in the dependent variable expected for a one-unit change in the predictor variable, holding all else constant.
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