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First-Order Linear Regression Model
A statistical model that describes a linear relationship between a dependent variable and one independent variable, characterized by a straight line.
Population Parameters
Characteristics that describe aspects of a population, such as mean (average), variance, or standard deviation.
Y-Intercept
The point where a line or curve crosses the y-axis of a graph.
Slope
In mathematics and statistics, the measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.
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