Examlex
Find the value of σ if it is known that X is normally distributed with mean 5 and 14.92% of the values are above 8?
Least Squares Regression Line
A linear line that optimally aligns with the scatter plot data points by minimizing the total of the squared vertical deviations from the line.
Predicted Value Of Y
The value estimated based on a regression line for a given X value in the context of linear regression.
Simple Linear Regression Model
A statistical method that models the relationship between a dependent variable and one independent variable by fitting a linear equation to observed data.
Slope
In mathematics, the measure of the steepness, incline, or grade of a straight line, calculated as the ratio of vertical change to horizontal change between two points on the line.
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