Examlex
While the linear regression model is important for descriptive purposes,its predictive value is limited.
Correlation Coefficient
A statistical measure that indicates the extent to which two or more variables fluctuate together, signifying the strength and direction of their relationship.
The Mean
A statistical measure representing the average value in a set of numbers, calculated by dividing the sum of all values by the number of values.
The Median
A statistical measure representing the middle value in a given set of numbers, where half the numbers are above and half are below this value.
Control Variable
A control variable is a factor that is kept constant to accurately assess the relationship between other variables in a research study.
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