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Describe the rational choice paradigm of decision making.
Scatterplot
A graphical representation that displays the relationship between two quantitative variables by using dots.
Correlation
A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.
Outliers
Observations that lie an abnormal distance from other values in a random sample from a population.
Regression
A statistical method used to determine the strength and character of the relationship between one dependent variable and one or more independent variables.
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