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An example of a transitory change in income is the
Y-Intercept
The point where a line or curve crosses the y-axis of a graph, indicating the value of the dependent variable when the independent variable is zero.
Total Variation
The overall measure of variability or dispersion within a dataset.
Independent Variables
Variables in an experiment or statistical model that are manipulated or categorized to determine their effect on dependent variables.
Observations
Data collected during an experiment or research, representing values or occurrences recorded by the researcher.
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