Examlex
Normative means it defines how a decision maker should make decisions.
Regression Line
A straight line that best fits the data points on a scatter plot, showing the relationship between two variables.
Standardized Residual
The difference between the observed and predicted values, divided by the standard deviation of the residuals.
Standard Error
A statistic that measures the variability or precision of the sampling distribution of a statistic.
Autocorrelated
A characteristic of a series where subsequent observations in the series are correlated with one another.
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