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Indira has informed the Bogus Corp that she intends to sue it for product liability, but she has not yet provided details of her claim.The company is curious as to whether she is claiming negligent manufacture or negligent design.What is the factual difference between those two possibilities? What is the legal difference? Which type of claim do courts approach more carefully?
Standard Error Of Estimate
A measure of the accuracy of predictions made with a regression line, representing how spread out observed values are from the regression line.
Sum Of Squares For Error
The sum of squared differences between observed and predicted values in a regression model, measuring the discrepancy between the data and the model.
T-Test
An analysis technique designed to evaluate whether the mean values of two distinct groups differ significantly.
Linearly Related
Describes a relationship between two variables where a change in one variable is associated with a proportional change in the other.
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