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You go see a movie at mid-day to have the theater to yourself. To your dismay, a guy wearing a great deal of a foul cheap cologne sits next to you. You move a few seats away to escape the odor. You keep moving farther and farther from where the guy is sitting until the smell is tolerable. Your movement in seating illustrates the
Regression Equation
A formula that represents the relationship between a dependent variable and one or more independent variables, used to predict or estimate outcomes.
SSE
Cumulative squared discrepancies between predicted values by a model and the corresponding actual data points.
Coefficient Of Determination
A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, represented as a value between 0 and 1.
Dependent Variable
The variable in an experiment or study that is expected to change in response to changes in another variable known as the independent variable.
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