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Observed Values
The actual values that are measured or collected during an experiment or survey.
Predicted Values
In statistics, these are the estimated outcomes based on a regression model or other predictive model.
Coefficient of Determination
A statistical measure represented by R² that assesses the extent of variance in a dependent variable that is predictable from the independent variable(s).
Regression Model
A statistical framework that predicts the connection between a dependent variable and one or several independent variables.
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