Examlex
Instructions: Answer the following question(s).
The Depression in the 1930s was the deepest and most widespread economic collapse in history. What were its international economic and political consequences?
Regression Model
A statistical technique used to estimate the relationship between a dependent variable and one or more independent variables.
SST
A measure of the total variation in a dataset that is the sum of squares total, often used in the context of regression analysis.
SSE
The overall sum of errors squared, highlighting the divergence between a model's predictions and real-world data observations.
Least Squares Estimate
A method in statistics for estimating the best-fitting line to a set of points by minimizing the sum of the squares of the differences between the observed values and the values provided by the model.
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