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Standard Error
A measure of the dispersion or variance of sample means around the population mean.
Regression Line
A regression line is a straight line that best fits the data points in a scatter plot, showing the relationship between an independent and a dependent variable.
Variation
The degree to which data points in a statistical distribution or dataset differ from each other and from the mean.
Coefficient Of Determination
A statistic used in the context of predictive models that represents the proportion of variance in the dependent variable predictable from the independent variable(s), usually denoted as R².
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