Examlex
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Random Variable
A variable whose possible values are numerical outcomes of a random phenomenon.
Regression Equation
A formula derived from regression analysis that predicts the dependent variable based on the values of one or more independent variables.
Regression Model
A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.
Estimated Regression Equation
A formula that models the relationship between dependent and independent variables, predicting the dependent variable based on values of the independent variables.
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