Examlex
Mark was terminated by his company because of his poor client relations skills that resulted in a major client leaving the firm for a competitor. This is an example of_____.
Coefficient of Correlation
A rephrased definition of the correlation coefficient, highlighting its role in measuring the degree of correlation between two variables.
Sum of Squares
A statistical measure that quantifies the total deviation of each data point from the mean, squared and summed up.
Regression Analysis
A statistical technique for estimating the relationships among variables, often used to predict the value of a dependent variable based on the value of one or more independent variables.
Error Variable
An error variable represents the difference between observed and predicted values in a model, reflecting the amount of inaccuracy in predictions.
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