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If an employee-plaintiff proves that the employer-defendant willfully violated the Age Discrimination in Employment Act (ADEA) ,then the court is also allowed to award liquidated damages:
Multiple Regression Model
A statistical technique that uses several explanatory variables to predict the outcome of a response variable.
Error Term
The error term represents the difference between observed values and the values predicted by a model in statistical analysis.
Independent Variables
Variables in an experiment or model that are manipulated or categorized to observe their effect on dependent variables.
Goodness of Fit
A statistical test used to determine how well observed data match the expected data from a model.
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