Examlex
Calculate the dollar markup and selling price.
Regression Line
A line that best fits the data points in a scatter plot, showing the relationship between the independent and dependent variables.
Slope
In statistics, it typically refers to the rate at which one variable changes in relation to another in a linear regression model.
Coefficient Of Determination
A statistical measure represented as a number between 0 and 1 that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).
SSR
The sum of squared residuals, a measure of the discrepancy between the data and an estimation model.
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