Examlex
What is the first step to solving a technical problem?
SSE
The sum of squared errors, which measures the total deviation of observed values from their mean in statistical models.
Confidence Interval
The interval estimate of the mean value of y for a given value of x.
Linear Regression Model
A statistical technique that models and examines the linear relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
Interval Estimate
An estimate of a population parameter that provides an interval believed to contain the value of the parameter. For the interval estimates in this chapter, it has the form: point estimate ± margin of error.
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