Examlex
________ variation is due to causes that can be corrected or fixed.
Linear Regression Model
A statistical method for modelling the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
Random Error Term
A component of a statistical model that captures the variability not explained by the explanatory variables.
Values
Represent individual measurements or quantities in a set of data.
Residuals
Differences between observed and predicted values in a statistical model, representing the unexplained part of the data.
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