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Multicollinearity
A statistical phenomenon where several independent variables in a regression model are highly linearly related.
Dependent Variable
In statistical modeling, this is the variable that is being tested and measured to see if it is influenced by one or more independent variables.
Explanatory Variables
Variables in a statistical model that are used to explain changes or differences in a response variable.
T-Statistic
A value used in hypothesis testing, calculated as the difference between an observed sample mean and the population mean divided by the standard error of the mean.
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