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Squared Deviations
The squared differences between individual values and the mean of a dataset, used in statistical analysis to measure variance.
Scatter Diagram
A visual depiction employing points to illustrate the connection between two numerical variables.
Cov(X,Y)
The covariance between two variables X and Y, measuring how changes in one variable are associated with changes in the other.
Sample Slope Coefficient
A parameter in a linear regression equation that represents the change in the dependent variable for a one-unit change in the independent variable.
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