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What is the inspection cost per unit?
Melanoma
A type of skin cancer that develops from the pigment-containing cells known as melanocytes.
Least Squares Method
A mathematical approach used to find the best-fitting line through a set of points by minimizing the sum of the squares of the offsets (residuals) between the observed and predicted values.
Scatter Diagram
A graphical representation using dots to show the relationship between two sets of data.
Regression Models
Statistical techniques used for modeling and analyzing the relationships between a dependent variable and one or more independent variables.
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