Examlex
The significance level is used to determine:
Variables
Elements, characteristics, or factors that can change or vary and are studied to determine their effects in research.
Least Squares Regression
A statistical method for estimating the relationships among variables by minimizing the square differences between observed and predicted values.
Coefficient Of Determination
A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, often represented as R^2.
Correlation Coefficient
A numerical measure that quantifies the strength and direction of a linear relationship between two variables, ranging from -1 to 1, where values close to 1 or -1 indicate a strong linear relationship.
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