Examlex
Fill in the correct labels for the following figure using the word bank below.
-H __________
Customers
Individuals or entities that purchase goods or services from a business or organization.
Multicollinearity
A situation in statistical models where several predictor variables are highly correlated, which can undermine the statistical significance of an independent variable.
Predictor Variables
Independent variables in statistical models that are used to predict the value of a dependent variable.
Linear Regression
A statistical method for modeling the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
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