Examlex
Utilizing tax preparation software from a cloud service provider is an example of:
Expected Value
The average outcome that one can expect to occur after many repetitions of a random experiment.
Error
A difference between a computed, estimated, or measured value and the true, specified, or theoretically correct value.
Prediction Interval
An estimate that provides a range within which a future observation is expected to fall, with a specified probability of the true value lying within this range.
Linear Regression
A mathematical technique that models the link between a dependent variable and one or more independent variables through fitting a linear equation to the data observed.
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