Talk About: -Discovery

question 88

Essay

Talk About:
-Discovery

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Definitions:

Coefficient of Determination

A numerical indicator showing the fraction of the variance in a dependent variable accounted for by one or more independent variables within a regression analysis.

Variance

A measure of how much values in a dataset differ from the mean of that dataset.

Phi

A measure of association for two binary variables, reflecting the strength and direction of their relationship.

Nominal-Level

Pertains to data classification into non-numeric categories that cannot be logically ordered or ranked.