Examlex
Assume your favorite football team has 2 games left to finish the season.The outcome of each game can be win,lose or tie.The number of possible outcomes is
Coefficient of Correlation
A numerical metric that determines the intensity and course of a straight-line association between two variables that can be quantified.
Sample Coefficient
A measure that quantifies some kind of property or behavior, such as variability or correlation, from a sample of a population.
Correlation
Correlation refers to a statistical measure that indicates the extent to which two or more variables fluctuate together. A positive correlation indicates that as one variable increases, the other does too.
Coefficient of Determination
A statistic used in the context of statistical models whose main purpose is to provide a measure of how well observed outcomes are replicated by the model.
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