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Explanatory Variables
Variables in a statistical model that are used to explain variations in the response variable.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.
Measure Of Central Tendency
A statistical concept that provides a single value as an estimate of the center of a distribution of values, commonly calculated as the mean, median, or mode.
Outlier
Numbers in a data set that are extreme values; calculate outliers in a data set by multiplying 1.5 times the IQR; subtract this product from Q1 to compute the boundary for lower outliers and add this value to Q3 to compute the boundary for upper outliers.
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