Examlex
Describe at least five of the nine common decision-making biases, and give an example of each.
Best Fitting Line
A line that best represents the relationship between variables in a scatter plot, minimizing the distances of the data points from the line.
Covariance
A statistical measure indicating the extent to which two variables change together.
Distribution
The arrangement or pattern of how data points or values are spread out over a range of values.
Distribution
Describes how values are spread or distributed across various levels or intervals in a dataset.
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