Examlex
A 2 × 2 × 2 factorial design indicates independent variables are used with each variable assuming levels.
Estimated Value
An approximation of the worth of something, often used in the context of potential outcomes in decision making or investment.
Inverse Relationship
A relationship between two variables in which one variable increases as the other decreases.
Independent Variable
A variable that is manipulated to observe its effect on a dependent variable in an experiment.
Deterministic Model
A mathematical model in which outcomes are precisely determined through known relationships among states and events, without any randomness.
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