Examlex
If GDP is ________ potential output, adjustment to the long-run equilibrium requires that output rises and prices ________.
Multivariate Regression
A statistical technique used to understand the relationship between one dependent variable and two or more independent variables.
Simple Regression
A statistical method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.
Multiple Regression
A statistical technique that models the relationship between a dependent variable and two or more independent variables by fitting a linear equation to observed data.
Regression Line
A line in regression analysis that best fits a set of data points, representing the predicted relationship between an independent variable and a dependent variable.
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