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Discuss the advantages of one-way tabulations.
Deterministic Model
A mathematical model in which outcomes are precisely determined through known relationships among states and events, without any randomness.
Probabilistic Model
A mathematical representation of a random system that is characterized by probabilities and randomness.
Y-Intercept
The point at which a line or curve intersects the y-axis of a coordinate system.
Slope
In the context of linear regression, the magnitude of change in the dependent variable for each unit change in the independent variable.
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