Examlex
What is a product term the result of?
Practical Model
A practical model is an applied or practical representation designed to solve real-world problems or to make predictions about events in everyday practical contexts.
Sum of Squares for Regression
A measure of the variation explained by the regression line, indicating the goodness of fit of the model.
Sum of Squares for Error
The sum of the squared differences between the observed value and the estimated value in a dataset, reflecting the discrepancy or error within the model used.
SSR
Sum of Squares due to Regression, a measure in statistical analysis that quantifies the variation explained by the independent variables in a regression model.
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