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Key Terms Instructions: Please Define the Following Key Terms

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Zollverein


Definitions:

MSE

Mean Squared Error, a measure of the average of the squares of the errors—that is, the average squared difference between the estimated values and the actual value.

F-statistic

A ratio used in statistical analysis to determine if the variances between two populations are significantly different.

F-test Statistic

A ratio of two variances that follows an F-distribution, used to compare sample variances and test hypotheses about the equality of population variances.

Regression Equation

An equation that predicts a dependent variable based on one or more independent variables, typically in the form Y = a + bX for simple linear regression.

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