Examlex
Explain why the demand curve for loanable funds has a negative slope.
Predicted Y
In statistical modeling, Predicted Y represents the value forecasted by a regression model when specific values are inputted for the model's predictors.
Residuals
Residuals are the differences between observed values and the expected values predicted by a model, representing unexplained variance.
Subtract
The mathematical process of deducting one number from another.
Correlated
Implies a statistical relationship where two variables move together in some predictable pattern.
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