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A Multiple Regression Model Is Assessed to Be Good If

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A multiple regression model is assessed to be good if the error sum of squares SSE and the standard error of estimate s e are both small, the coefficient of determination R 2 is close to 1, and the value of the test statistic F is large.


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Privacy Law

The area of law that deals with regulating, storing, and using personally identifiable information of individuals, in both digital and physical formats.

E-commerce

The exchange of goods, services, or the transfer of money or data, mainly over the internet through an electronic network.

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A process where an individual, organization, or industry governs itself without intervention from external bodies, often through adherence to internally set standards.

Breach of Confidence

The violation of a private trust through unauthorized disclosure of confidential information.

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