Examlex
Which of the following make up a population's sociodemographics?
Residual
The difference between observed values and the predicted values by a model, indicating the error in the prediction.
Family Income
The combined total income earned by members of a family, contributing to the household's total earnings.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
Multiple Regression Model
An analytical approach that applies several predictors to forecast the result of an outcome variable.
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