Examlex
i. A value that is typical or representative of the data is referred to as a measure of central tendency.
ii. The arithmetic mean is the sum of the observations divided by the total number of observations iii. The value of the observation in the center after they have been arranged in numerical order is called the weighted mean
Residuals Versus Fitted Values
A method to visualize the difference between observed values and those predicted by a model, useful in diagnosing model fit.
Maximum Temperature
The highest temperature recorded in a given set of temperature data or over a specific period.
Sales Of Ice Cream
Refers to the total volume or revenue generated from selling ice cream within a specific period.
Correlation Coefficient
A statistical measure that calculates the strength between two variables and their level of association, ranging from -1 to 1.
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