Examlex
The first step in the performance appraisal process is:
Simple Linear Regression
A statistical method that models the linear relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.
Slope
The rate of change in the variable on the y-axis per unit change in the variable on the x-axis in a linear equation.
First-order
Generally pertains to the most basic or primary level of something, often used in mathematical and logical expressions indicating the initial or simplest case.
Least Squares Method
The least squares method is a statistical technique used to determine the best-fit line for a set of data, by minimizing the sum of the squares of the differences between observed and estimated values.
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