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One mnemonic system is called .
Simple Linear Regression
A statistical method that examines the linear relationship between two continuous variables, using a straight line to model the relationship.
Error Terms
In statistical modeling, these represent the difference between observed values and the values predicted by the model, reflecting unexplained or random variability.
Variances
A measure of the dispersion or spread of a set of data points, calculated as the average of the squared differences from the mean.
Least Squares Line
A line of best fit determined by minimizing the sum of the squares of the vertical distances of the points from the line.
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