Examlex
Which product is likely to experience skimming pricing?
Observed Values
The actual values that are measured or collected during an experiment or survey.
Predicted Values
In statistics, these are the estimated outcomes based on a regression model or other predictive model.
Coefficient of Determination
A statistical measure represented by R² that assesses the extent of variance in a dependent variable that is predictable from the independent variable(s).
Regression Model
A statistical framework that predicts the connection between a dependent variable and one or several independent variables.
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