Examlex
According to geologists, the San Francisco Bay Area experiences five earthquakes with a magnitude of 6.5 or greater every 100 years. What is the standard deviation of the number of earthquakes with a magnitude of 6.5 or greater striking the San Francisco Bay Area in the next 40 years?
Sum of Squares
A statistical technique used to quantify the variation within a data set by summing the squared deviations of each data point from the mean.
Prediction Equation
An equation used to predict the value of a dependent variable based on the values of one or more independent variables.
Multiple Regression
A statistical method leveraging various predictors to estimate the result of a dependent variable.
Stepwise Regression
A method of fitting regression models in which the choice of predictive variables is carried out by an automatic procedure.
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