Examlex
Explain the basic steps involved in performing a Monte Carlo analysis.
Coefficient Of Determination
A statistical measure, often denoted as R-squared, that represents the proportion of the variance in the dependent variable that is predictable from the independent variables, indicating the strength of the relationship.
Variation
The measurable difference between members of a population or set of data points.
Coefficient Of Correlation
An evaluative score indicating the intensity and directional path of a linear connection between two factors.
Variation
Variation refers to the degree to which data points in a dataset or population differ from each other and from the mean.
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