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Standard Error Of Estimate
The standard deviation of the observed values from the regression line, indicating the precision of the regression estimate.
Error Variable
A variable that represents the difference between a predicted value and the observed actual value in a statistical model.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set deviate from the mean.
Regression Analysis
A statistical method for estimating the relationships among variables, allowing for prediction of one variable based on the value of others.
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