Examlex
Express the rational number in reduced form.
Error Variable \(ε\)
In statistical modeling, particularly in linear regression, it represents unobserved random errors or deviations of observed values from their expected values.
Scatter Diagram
A graphical representation that shows the relationship between two quantitative variables by plotting data points on a two-dimensional plane.
Least Squares Regression
A statistical method used to find the best-fitting line through a set of data points by minimizing the sum of the squares of the vertical distances of the points from the line.
Coefficient of Correlation
A mathematical gauge that assesses the strength of the bond between the relative movements of two variables.
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