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Automobile Dealerships Have Invested Significant Time, Effort, and Money in Their

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Automobile dealerships have invested significant time, effort, and money in their websites. Dealerships commonly measure website performance by tracking visits, visitor traffic, and __________-the amount of time per month that visitors spend on their websites.


Definitions:

Estimator

A statistic used to estimate the value of a population parameter.

Simple Linear Regression

A statistical method that models the relationship between a dependent variable and one independent variable by fitting a linear equation to observed data.

Confidence Interval

A range of values derived from sample data that is likely to contain the true value of an unknown population parameter, expressed at a given confidence level.

Total Winnings

The aggregate or combined amount of gains or earnings, often used in the context of gambling or competitions.

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