Examlex
How is petroleum formed in the ocean? How is it found and extracted when it is deep in the ocean?
Simple Linear Regression
A method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.
Least Squares
A mathematical method used to determine a line of best fit by minimizing the sum of squares of the distances between observed and predicted values.
Positive Correlation
A statistical relationship between two variables where an increase in one variable is associated with an increase in the other variable.
Influential Observations
Data points that have a significant impact on the result of a statistical analysis, potentially skewing the outcome.
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