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What is due care?
Least Squares
A mathematical approach used in regression analysis to minimize the sum of the squares of the differences between observed and predicted values.
Regression Line
A line of best fit through a scatter plot of data points, illustrating the relationship between two variables in a linear regression model.
Quadratic Model
A mathematical representation where the relationship between the variables is defined by a second-degree polynomial.
Autoregressive Model
A statistical model for analyzing and forecasting time series data, where future values are assumed to depend linearly on past values.
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