Examlex
When a group of managers from different departments is brought together to work in an organizational task force,this is known as a cross-functional team.
Y-Intercept
The point where a line crosses the Y-axis of a graph, indicating the value of the response variable when all predictor variables are zero.
Linear Regression Model
A statistical technique that establishes the link between a dependent variable and one or more independent variables by applying a linear equation to the data collected.
True Regression Line
In linear regression, the line that best describes the relationship between the independent and dependent variables across the entire population.
Slope
In the context of a regression line, the slope represents the rate at which the dependent variable changes with respect to the independent variable, indicating the strength and direction of the linear relationship.
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