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Regression Analysis
A statistical method used for estimating the relationships among variables, often for predicting a dependent variable from one or more independent variables.
Trend Variation
The component of a time series that shows the underlying direction or path that data points are moving over time, disregarding random variations.
Smoothing Constant
A parameter used in exponential smoothing models to weight recent observations more heavily than older ones for forecasting purposes.
Exponential Smoothing
Exponential smoothing is a time series forecasting method for smoothing data values, giving more weight to recent observations while factoring in older data.
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