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In context to Netflix, what are the scale advantages associated with streaming?
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic term.
Population Slope
The slope coefficient in a regression model that describes the relationship between a dependent variable and one or more independent variables in the population.
Null Hypothesis
A statement used in hypothesis testing that assumes no effect or no difference, and it's the assumption that is tested for possible rejection.
Error Variable \(ε\)
A term in regression models representing the difference between observed and predicted values, capturing unexplained or random effects.
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