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What is data latency?
Population Regression Line
The line that best describes the relationship between an independent variable and a dependent variable for the entire population.
Population Coefficient
A parameter that quantifies a certain characteristic or attribute of a population.
Correlation
A statistical measurement of the relationship between two variables, indicating how one may predict the other.
Coefficient of Determination
Denoted as R-squared, it measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s) in a regression model.
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