Examlex
The process by which local governments set the value of a piece of property for tax purposes is called
Multiple Regression Equation
The mathematical equation relating the expected value or mean value of the dependent variable to the values of the independent variables; that is, E(y) = b0 + b1x1 + b2x2 + . . . + bpxp.
Estimated
Refers to the approximation or guesswork made to find out a value that is not precisely known.
Nonlinear
Refers to equations, models, or relationships in mathematics and science that do not form a straight line when graphed.
Degrees of Freedom
The number of independent values or quantities which can be assigned to a statistical distribution.
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