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Residual Plot
A graphical representation used in statistics to visualize the difference between observed and predicted values from a regression analysis.
Trend Model
A statistical model that captures the underlying trend of a dataset by considering the long-term progression of data points.
Annual Time-Series
Data collected or recorded at regular intervals over a year, used in statistical analysis and forecasting.
Exponential Smoothing
A weighted moving average technique that applies decreasing weights to older data points, used for time-series data analysis.
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