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The birth of the Euro
Fit
The degree to which a model, test, or value accurately reflects the expected outcomes or observations.
Homoscedasticity
A condition in regression analysis where the variance of the residuals, or errors, is constant across all levels of the independent variable.
Regression Line
A line of best fit through a dataset in linear regression analysis, showing the relationship between the independent and dependent variables.
Independent Variable
An independent variable is a variable that is manipulated to determine its effects on another variable.
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