Examlex
Evaluating actual performance, receiving feedback and learning from that feedback helps in the future decision-making process.
Multicollinearity
A statistical phenomenon in which two or more predictor variables in a multiple regression model are highly correlated, potentially distorting the model's coefficients.
Biased Estimates
Estimates that are systematically different from the population parameters being estimated, due to errors in data collection, analysis, or selection.
Slope Coefficients
In linear regression, the slope coefficient measures the rate of change in the dependent variable for a one-unit change in the independent variable.
Dependent Variable
A variable in statistical modeling, experiments, or observations that is expected to change as a result of manipulations in the independent variable(s).
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