Examlex
All of the following are assets except:
Least Squares Line
A straight line that best fits the data points on a scatter plot, minimizing the sum of the squares of the vertical distances of the points from the line.
Coefficient of Determination
A statistical measure, often denoted as \(R^2\), which quantifies the amount of variance of the dependent variable that can be explained by the independent variable(s).
Coefficient of Correlation
A mathematical indicator that evaluates the intensity of the connection between two factors.
Sum of Squares
A measure used in statistical analyses to quantify the variation or deviation of data points from their mean; the total of each data point's squared difference from the mean.
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