Examlex
A person's annual performance evaluation is heavily influenced by performance results of the last month.This is an example of recency effect.
Simple Regression Equation
A mathematical formula used to predict the value of a dependent variable based on the value of an independent variable.
Linearity
The property of a relationship or function that can be graphically represented as a straight line, indicating a constant rate of change.
Independent Variables
Variables in an experiment or study that are manipulated or changed to determine their effects on dependent variables.
Times Series Models
Statistical techniques used to analyze time-ordered data points, often to forecast future trends or patterns based on historical data.
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