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Nebula Crystals, a firm in New York that manufactures crystal figurines, was contracted by Ruth from Florida to deliver a thousand such crystal figurines. The contract required the firm to deliver and tender the goods alongside the vessel SS Dew Express at the New York harbor. Which of the following shipment term expresses such conditions?
Sample Regression Line
A line of best fit through a scatterplot of sample data points in regression analysis, used to estimate the relationship between variables.
Correlation Coefficient
A statistical measure that quantifies the degree to which two variables vary together.
Sample Coefficient
A numerical measure that describes some characteristic or aspect of a sample of data.
Sample Covariance
A measure of the degree to which two variables change together for a sample of a population, indicating their linear relationship.
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