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The least-squares regression model for one explanatory variable is given by the equation
Standardization
The process of implementing and developing technical standards to ensure consistency, safety, and interoperability of products or services.
Corporate Travel
Travel undertaken by employees or executives for business purposes, including meetings, conferences, and networking.
Semiprocessed Material
Materials that have undergone some initial processing but are not yet finished goods.
Raw Material
Basic materials that are used in the production of goods, including minerals, oils, wood, and grains.
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