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Oil Quality
A measure of the chemical and physical properties of an oil, determining its suitability for specific uses.
Regression Equation
A mathematical formula used to predict a dependent variable based on one or more independent variables.
Outliers
Data points that significantly differ from the majority of a dataset, often indicating a deviation from the norm.
Residuals
The differences between observed and predicted values in a regression analysis, representing the error not explained by the model.
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