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Forecasting
The act of making educated guesses about future occurrences based on patterns, trends, and data analysis.
Curvilinear Relationship
A relationship between two variables where the change in one variable does not consistently result in a proportional change in the other, often depicted as a curved graph.
Residual Plot
A graph that shows the residuals (the differences between observed and predicted values) on the vertical axis against the predicted values on the horizontal axis, used to evaluate the fit of a model.
Curvilinear Regression
A form of regression analysis in which the relationship between the independent variable and the dependent variable is modeled as an nth degree polynomial.
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