Examlex
Generally,the period-certain settlement option is desirable because life insurance companies pay higher than average interest rates.
Least Squares Regression
A method for estimating the best-fitting line through a set of points by minimizing the sum of the squares of the vertical deviations from each point to the line.
Simple Linear Regression
A numerical approach that establishes the link between a dependent variable and one independent variable through the application of a linear equation to the data observed.
Residual Plot
A graphical representation used to visualize the difference between observed and predicted values in a regression analysis.
Normal Probability Plot
A graphical technique for assessing whether or not a data set is approximately normally distributed.
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