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Which of the following is necessary for a governmental entity to be considered fiscally independent?
Slope
In mathematics, it is the measure of the steepness or inclination of a line, representing the ratio of the vertical and horizontal changes between two points on the line.
Residual
The difference between an observed value and the estimated value of the quantity of interest in a statistical model.
Response Value
The observed variable in an experiment or study, often considered as the output or result that is measured.
Observed Response
The actual outcome that is measured or observed in an experiment or study.
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