Examlex
Which one of the following statements is true with regard to the case study BankUSA: Credit Card Division?
Predicted Values
Estimates or forecasts of a variable or outcome based on a model or analysis of correlated variables.
Actual Y Values
The observed values of the dependent variable in a data set or experiment, compared against predicted values in regression analysis.
Estimated Regression Line
A line calculated from the data that best fits the relationship between the independent variable(s) and the dependent variable, used to predict the value of the dependent variable from the independent variable(s).
Slope
The steepness of a line on a graph, representing the rate of change, calculated as the rise divided by the run between two points on the line.
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