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Average Y
The mean or central value of a set of data designated as 'Y'.
Prediction Interval
A range of values that is likely to contain the value of a variable for an individual prediction, taking into account the uncertainty around the estimate.
Residual
The difference between an observed value and the value predicted by a model.
Scatter Diagram
A scatter diagram, or scatter plot, is a type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data, indicating the relationship between them.
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