Examlex
Pure Digital Technologies created the Flip,which is a digital camera that is priced around $150.It filled a gap between expensive digital cameras and web cams.The flip plugs straight into your computer and the video can easily be viewed and shared instantly.Creating a new product for a new market is called _____.
Prediction Error
The difference between an observed value and the value predicted by a model.
Linear Regression
A statistical method for modeling the relationship between a dependent variable and one or more independent variables.
Correlations
A numerical value representing the level at which multiple variables co-vary.
Slope
The measure of the steepness or incline of a line, describing both its direction and its steepness.
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